You are planning to buy shares of GameStop (GME). The risk-free rate of return is 70%, the expected rate of return on the market portfolio is 17%, and the stock of GameStop has a beta coefficient of 2.3. GameStop has a dividend payout rate of 40% of its earnings, and the latest earnings were announced at $15 per share. GameStop has just paid dividends and expects to pay them annually. It is expected that GameStop will earn an ROE of 25% per year on all reinvested earnings forever. a. What is the intrinsic value of a share of GameStop stock? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Intrinsic value b-1. If the market price of a share is currently $45, and 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.) Price b-2. What is your expected one-year holding-period return on GameStop stock? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Expected one-year holding-period return %