$1.(12$ points$)$ There is a stock currently priced at $$36\mathrm{.}72.$ On the basis on your analysis, however, you believe the shares to be currently worth $$42\mathrm{.}26.$ You$$ve further estimated the required rate of return to be equal to $8\mathrm{.}2\%$ per year.$$ You expected that the stock$$s price will eventually converge upon its true value, but you are unsure as to how long this will take.$$ Assume there are no dividends paid on the stock.$$ a$.$ If the price were to converge upon your estimate of value in exactly one year, what rate of return would you expect to earn by buying the stock today?$$ b$.$ If the price were to converge upon your estimate of value in exactly two years, what rate of return would you expected to earn by buying the stock today? $$ i$.$ What annualized rate of return is this equivalent to$?$ c$.$ If the price were to converge upon your estimate of value in exactly three years, what rate of return would you expected to earn by buying the stock today? $$ i$.$ What annualized rate of return is this equivalent to$?$