Question: (Common stockholder expected return) Alyward & Bram common stock currently sells for $23.75 per share. The company's executives anticipate a constant growth rate of 10.1

(Common stockholder expected return) Alyward & Bram common stock currently sells for $23.75 per share. The company's executives anticipate a constant growth rate of 10.1 percent and an end-of-year dividend of $2.50. a. What is your expected rate of return? b. If you require a return of 15 percent, should you purchase the stock? a. If you buy the stock for $23.75, your expected rate of return is %. (Round to two decimal places.)
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