The expected rate of return on the market portfolio is 20%, the risk-free rate is 10.00%, and the stock of SportX Corporation has a beta coefficient of 2.60. Last month SportX announced their latest earnings of $25 per share. The company pays out 60% of its earnings in The dividends were just weeks ago) and are expected to be paid annually. You estimate that SportX will an ROE 22% per year on all reinvested earnings forever. a. What is the intrinsic value of a share of Sportx stock? (Do not round intermediate calculations. Round your answer to 2 decimal places.) If you expect the market price to be equal to the intrinsic value one year from now, calculate the price of the share after one year from now. (Do not round intermediate calculations. Round your answer to 2 decimal places.) If the market price of a share is currently $59, what is your expected one-year holding period return on SportX stock? (Do not round intermediate calculations. Round your answer to 2 decimal places.)