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Could you please answers option B of both the questions please . $1.75 Common stockholder expected return) Bennett, Inc. common stock currently sells for $21.50

image text in transcribedimage text in transcribedCould you please answers option B of both the questions please .

$1.75 Common stockholder expected return) Bennett, Inc. common stock currently sells for $21.50 per share. The company's executives anticipate a constant growth rate of 11.8 percent and an end-of-year dividend of a. What is your expected rate of return if you buy the stock for $21.50? b. If you require a returm of 17 percent, should you purchase the stock? a. If you buy the stock for $21.50, your expected rate of return is 19.94 %. (Round to two dec mal places) b. If you require a return of 17 percent, the value ofthe stock for you is SO b. If you require a return of 17 percent, the value of the stock for you s Round to the nearest cent) (Round to the nearest cent )

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