The risk-free tate of return is 7.0%, the expected rate of return on the market portiolio is 17%, and the stock of Xyrong Corporation has a beta coefficient of 23 xyrong pays out 40% of its earnings in dividends, and the latest earnings announced were $15 per share Dividends were just paid and are expected to be paid annually, You expect that Xyrong will eam an ROE of 25% per year on all reinvested earnings forevec: 0. What is the intrinsic value of a share of Xyrong stock? (Do not round intermediote calculations. Round your answer to 2 decimal ploces.) b-1. If the market price of a shate is currently $45, and you expect the maiket price to be equal to the intrinsic value one year from now caiculate the price of the share after one year from now. (Do not round intermediate colculations. Round your onswer to 2 decimal ploces.)