Answer A and B

Melissa Popp is thinking about buying some shares of R.H. Lawncare Equipment, at $47.33 per share. She expects the price of the stock to rise to $63.78 over the next 3 years. During that time she also expects to receive annual dividends of $4.02 per share. a. What is the intrinsic worth of this stock, given a required rate of return of 9%? b. What is its expected return