$($Common stockholder expected return$)$ Alyward & Bram common stock currently sells for $$24\mathrm{.}25$ per share.

The company's executives anticipate a constant growth rate of $9\mathrm{.}1$ percent and an end$-$of$-$year dividend of $$1\mathrm{.}50.$

a$.$ What is your expected rate of return?

b$.$ If you require a return of $17$ percent, should you purchase the stock?

a$.$ If you buy the stock for $$24\mathrm{.}25,$ your expected rate of return is

$\%.($Round to two decimal places.$)$