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upen in Desktop Calibri 11 V B Hva Av. Unks Disabled Links to exdernal workbooks are not supported in Teams and have been disabled. fx B D E F G H 1 24. Rate of Return. Steady As She Goes Inc. will pay a year-end dividend of $3 per share. Inves- tors expect the dividend to grow at a rate of 4% indefinitely. (L07-2) a. If the stock currently sells for $30 per share, what is the expected rate of return on the stock? b. If the expected rate of return on the stock is 16.5%, what is the stock price? 2 3 15 116 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Notes VS-4 VS-5 VS-12 VS-14 VS-15 VS-16 VS-23 Calculation Model Automatic Workbook Statistics MacBook