Melissa Cutt is thinking about buying some shares of EZLawn Equipment, at

$ 48.44

per share. She expects the price of the stock to rise to

$ 55.62

over the next

3

years. During that time she also expects to receive annual dividends of

$4.44

per share.a. What is the intrinsic worth of this stock, given a required rate of return of

11 %?

b. What is its expected return?

a. The intrinsic worth of this stock is

$nothing.

(Round to the nearest cent.)b. The expected return is

nothing%.

(Round to one decimal place.)