8 of 9 (0 complete) HW Score: 0%, 0 of 9 Score: 0 of 1 pt Problem 8-32 (similar to) E Question Help (Common stockholder expected return) If you purchased 175 shares of common stock that pays an end-of-year dividend of $3.50, what is your expected rate of return if you purchased the stock for $34.28 per share? Assume the stock is expected to have a constant growth rate of 7 percent Your expected rate of return is % (Round to two decimal places)