(Common stockholder expected return) Alyward & Bram common stock currently sells for $22.50 per share. The company's executives anticipate a constant growth rate of 8.8 percent and an end-of-year dividend of $1.50. 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 $22.50, your expected rate of return is%. (Round to two decimal places.) b. If you require a return of 15 percent, the value of the stock for you is $ . (Round to the nearest cent.) If you require a return of 15 percent, you should the stock because the expected rate of return is V your required rate of return or the intrinsic value of the stock is V the current market price. (Select from the drop-down menus.)