(Common stockholder expected return) Alyward & Bram common stock currently sells for $22.50 per share. The company's executives anticipate a constant growth rate of 8.2 percent and an end-of-year dividend of $1.50. a. What is your expected rate of return? b. If you require a return of 17 percent, should you purchase the stock? a. If you buy the stock for $22.50, your expected rate of return is %. (Round to two decimal places.) b. If you require a return of 17 percent, the value of the stock for you is $ . (Round to the nearest cent.) If you require a return of 17 percent, you should the stock because the expected rate of return is your required rate of return or the intrinsic value of the stock is the current market price. (Select from the drop-down menus.)