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Assume a majorinvestment service has just given Oasis Electronics its highestinvestment rating, along with a strong buy recommendation. As aresult, you decide to take a look for yourself and to place a valueon the company's stock. Here's what you find: This year, Oasis paidits stockholders an annual dividend of 2.16 a share but because ofits high rate of growth in earnings, its dividends are expected togrow at the rate of 12% a year for the next 4 years and then levelout at 9% a year. So far you've learned that the stock has a betaof 1.66, the risk-free rate of return is 6%, and the expectedreturn on the market is 12%. Using the CAPM to find the requiredrate of return, put a value on this stock.1. Using the CAPM, therequired rate of return on the investment is _______ % ? (Round totwo decimal places)2. The value of thecompanies stock is $_____. (Round to the nearest cent)Please help, thankyou!