Assigned Media E Question Help- Common stock valuation Wayne, Inc.'s outstanding common stock is currently selling in the market for $23. Dividends of $2.73 per share were paid last year, return on equity is 19 percent, and its retention rate 25 percent a. What is the value of the stock to you given a required rate of rebum of 16 percent? b. Should you purchase this stock? a. Given a required rate of return of 16 percent, the value of the stock to you is Round to the nearest cent)