When inputting an answer, the sheet automatically displays the required decimal places. If you need to use a calculated number for further calculations, DO NOT round until after all calculations have been completed. For the final answer, Round to the required decimal places.

Q14) An analyst gathered the following information for a stock and market parameters: stock beta = 1.340; expected return on the Market = 8.70%; expected return on T-bills = 1.80%; current stock Price = $9.21; expected stock price in one year = $12.13; expected dividend payment next year = $1.15. Calculate the " a) Required return for this stock (1.25 points): b) Expected return for this stock (1.25 points):