Chapter 12 Financial Planning Exercises Calculating expected return on a stock The price of Applied Adhesives, Inc. is now $65. The company pays no dividends. Adam Gardner expects the price 5 years from now to be $100.01 per share. Should Adam buy Applied Adhesives if he wants a 12 rate of return? Round the answer to two decimal places because the rate of return of the stock discussed is Applied Ad because the rate of return --Select- Yes No