The risk free rate of return is 7.5%, the expected rate of retum on the market portfollo is 17%, and the stock of Xyrong Corporation has a beta coefficient of 2.1 Xyrong pays out 25% of its earnings in dividends, and the latest earnings announced were $9.00 per share. Dividends were just paid and are expected to be paid annually. You expect that Xyrong will earn an ROE of 15% per year on ali reinvested earnings forever. 0. What is the intrinsic value of a share of Xyrong stock? (Do not round intermediate calculations. Round your answer to 2 decimal pleces.) b. If the market price of a share is currently $10, and you expect the market price to be equal to the intrinsic value one year from now. what is your expected 1-year holding-perlod retum on Xyrong stock? (Do not round intermediate calculations, Round your answer to 2 decimol places.)