The common stock of ZaldiCo. is selling for $ 32.84 per share. The stock recently paid dividends

Question:

The of ZaldiCo. is selling for $ 32.84 per share. The stock recently paid dividends of $ 2.94 per share and has a projected constant growth rate of 9.5 percent. If you purchase the stock at the market price, what is your expected rate of return?
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...