Assume a major investment service has just given Oasis Electronics its highest investment? rating, along with a strong buy recommendation. As a? result, you decide to take a look for yourself and to place a value on the? company's stock. ? Here's what you? find: This? year, Oasis paid its stockholders an annual dividend of ?$2.11 a? share, but because of its high rate of growth in? earnings, its dividends are expected to grow at the rate of 11?% a year for the next 4 years and then to level out at 8?% a year. So? far, you've learned that the stock has a beta of 1.92?, the? risk-free rate of return is 7?%, and the expected return on the market is 11?%. Using the CAPM to find the required rate of? return, put a value on this stock.