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Carty's Choices. Brian Carty, a prominent investor, is evaluating investment alternatives. If he believes an individual equity will rise in price from $ 5 4

Carty's Choices. Brian Carty, a prominent investor, is evaluating investment alternatives. If he believes an individual equity will rise in price from $54 to $76 in the coming one-year period, and the share is expected to pay a dividend of $1.76 per share, and he expects at least a 16% rate of return on an investment of this type, should he invest in this particular equity?
The shareholder return is %.(Round to two decimal places.)
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