Question: 2 decimals please (Common stockholder expected return) Bennett, Inc. common stock currently sells for $23.25 per share. The company's executives anticipate a constant growth rate

2 decimals please 2 decimals please (Common stockholder expected return) Bennett, Inc. common stock currently

(Common stockholder expected return) Bennett, Inc. common stock currently sells for $23.25 per share. The company's executives anticipate a constant growth rate of 11.9 percent and an end-of-year dividend of $1.50. a. What is your expected rate of return if you buy the stock for $23.25? b. If you require a return of 17 percent, should you purchase the stock

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