32) what is the required return for a stock that has a constant-growth rate of 3.3%. a price 32) of $25, an expected dividend of $2.10, and a P/E ratio of 14.4? B) 12.40% A) 11.26% C) 10.92% D) 11.70% 33) What should be the price for a common stock paying $3.50 annually in dividends if the 33) growth rate is zero and the discount rate is 8%? A) $43.75 B) $22.86 C) $28.00 D) $42.00 34) A company with a return on equity of 15% and a plow back ratio of 60% would expect a 34) constant-growth rate of: A) 496. ?) 990. C) 25%. D)21%