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foreseeable future. a. What required rate of retum for this stock would result in a price per share of $26 ? b. If McCracken expects

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foreseeable future. a. What required rate of retum for this stock would result in a price per share of $26 ? b. If McCracken expects both earnings and dividends to grow at an annual rate of 11%, what required rate of retum would result in a price per share of $26 ? a. The required rate of retum for this stock, in order to result in a price per share of $26, is \%. (Round to two decimal places.)

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