a-b

Melissa Cutt is thinking about buying some shares of EZLawn Equipment, at $38.96 per share. She expects the price of the stock to rise to $48.65 over the next 3 years. During that time she also expects to receive annual dividends of $5.09 per share. a. What is the intrinsic worth of this stock, given a required rate of return of 8% ? b. What is its expected return? a. The intrinsic worth of this stock is $ (Round to the nearest cent)