4.5 pts Question 3 The Shoe Outlet has an annual growth rate of 5 percent and is equally as risky as the market. The stock is currently selling for $18 a share. The overall stock market has a 10.4 percent rate of return which includes an estimated risk premium of 8.7 percent. What is the expected rate of return on this stock? (round answer to whole number with one decimal point: Le.. use 1.2 percent instead of 0.0123) Next . Previous