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could someone double check my math please PureMotors_just paid an annual dividend of $3.50 a share. Future dividends are expected to increase 5 Bercent annually.

could someone double check my math please image text in transcribed
PureMotors_just paid an annual dividend of $3.50 a share. Future dividends are expected to increase 5 Bercent annually. What is the market rate of return if the stock is currently selling for $75 a shared ( points a. DO = 3.50 b. G= 0.05 c. PO = 75 d. R = 3.50 * (1.05) / 75 + 0.05 = 3.675 / 75 =0.049 + 0.05 = 0.099 = 14.8%

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