Eshibit 84 USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S) Stock Bets Current Price Espected Price Expected Dividend $12.50 $ 8.25 $25.70 $13.10 9.76 30.04 $0.80 $0.20 $0.00 0.8 2.1 Refer to Exhibit 8.4. What are the expected returns for stocks X, Y, and Z for the next period based on the above prices and dividends? 15. b. c. d. 4.8% 10.7% 11.2% 12.3% 18.3% 17.5% 20.7% 22.5% 16.9% 14.4% 16.9% 22.3% 16. Refer to Exhibit 8.4. If the expected return on the market is 1 1.5% and the risk-free rate of return is45% then what are the required rates ofretim for stocks X, Y, and Z based on the CAPM? b. c. d. 4.8% 7.2% 10.7% 10.1% 18.3% 20.7% 17.5% 12.2% 16.9% 22.3% 14.4% 19.2% 17sa Which of he floaving siatemenits is comrer? a. Stocks X, Y, and Z are undervalued b. Stocks X, Y and Z are overvalued. e. Stocks X and Y are overvalued and stock Z is undervalued. d Stocks X and Y are undervalued and stock Z is overvalued. e. Stocks X, Y, and Z are all properly valued