What is the expected rate of return on National Healthcare's stock if the next expected dividend...

Transcribed Image Text:

What is the expected rate of return on National Healthcare's stock if the next expected dividend (D1) is $12, the stock is currently selling for $65, and it has an expected constant growth rate of 12 percent? Round your answer to two decimal points. Do not enter % sign as your answer may be converted to 0 (potentially wrong answer). Additionally write 18.25 % as 18.28 not 0.18. What is the expected rate of return on National Healthcare's stock if the next expected dividend (D1) is $12, the stock is currently selling for $65, and it has an expected constant growth rate of 12 percent? Round your answer to two decimal points. Do not enter % sign as your answer may be converted to 0 (potentially wrong answer). Additionally write 18.25 % as 18.28 not 0.18.