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(Common stock valuation) The common stock of NCP paid $2.25 in dividends last year. Dividends are expected to grow at an annual rate of 7.30

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(Common stock valuation) The common stock of NCP paid $2.25 in dividends last year. Dividends are expected to grow at an annual rate of 7.30 percent for an indefinite number of years a. If NCP's curent market price is $24.22 per share, what is the stock's expected rate of return? b. If your required rate of return is 9.3 percent, what is the value of the stock for you? e. Should you make the investment? a if NCPs current market price is $24.22 per share, the stock's expected rate of return is (Round to two decimal places) Enter your answer in the answer box and then click Check Answer Clear Al 2 parts remaining esc

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