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Melissa Cutt is thinking about buying some shares of EZLawn Equipment, at $ 4 0 . 8 0 per share. She expects the price of

Melissa Cutt is thinking about buying some shares of EZLawn Equipment, at $40.80 per share. She expects the price of the stock to rise to $45.33 over the next 3 years. During that time she also expects to receive annual dividends of $4.06 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 $ (Round to the nearest cent.)
PLEASE DO ALL PARTS a,b
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