Problem 8-30 (similar to) Question Help (Common stockholder expected return) The common stock of Martin Co. is selling for $37.83 per share. The stock recently paid dividends of $1.50 per share and has a projected constant growth rate of 8.3 percent. If you purchase the stock at the market price, what is your expected rate of return? Your expected rate of return is % (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer. All parts showing Check