Question 3 - Ch 7 Homework - Connect education.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fconnect.mheducation.com%252Fconnect%252Fltiwr ork i Saved Check my work mode : This shows what is correct or incorrect for the work you have completed so Eastern Electric currently pays a dividend of $1.83 per share and sells for $33 a share. a. If investors believe the growth rate of dividends is 2% per year, what rate of return do they expect to earn on the stock? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Answer is complete and correct. Rate of return 7.66 % b. If investors' required rate of return is 10%, what must be the growth rate they expect of the firm? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Answer is complete and correct. Growth rate 4.22 % F. If the sustainable growth rate is 3% and the plowback ratio is 0.3, what must be the rate of return earned by the firm on its new investments? Note: Enter your answer as a percent rounded to 2 decimal places. * Answer is complete but not entirely correct. Rate of return 9.71 * % Search M M L