The risk-free rate of return is 5.5%, the expected rate of return on the market portfolio is 12.5%, and the stock of Xyrong Corporation has a beta coefficient of 12 Xyrong pays out 40% of its earnings in dividends, and the latest earnings announced were $8.00 per share. Dividends were just pald and are expected to be pald annually. You expect that Xyrong will earn an ROE of 17.5% per year on all relnvested earnings forever. Required: o. What is the intrinsic value of a share of Xyrong stock? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. b. If the market price of a share is currently $100, 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 return on Xyrong stock? Note: Do not round intermediate calculotions. Round your answer to 2 decimal places