Question: please explain each option frankly 8-29) (Common stockholder expected return) Bennett, Inc.'s common stock currently cells for $22.50 per share. The company's executives anticipate a

please explain each option frankly

8-29) (Common stockholder expected return) Bennett, Inc.'s common stock currently cells for $22.50 per share. The company's executives anticipate a constant growth rate of 10 percent and an end-of-year dividend of $2. a. What is your expected rate of return if you buy the stock for $22.50 ? b. If you require a 17 percent return, should you purchase the stock

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