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Melssa Cutt is thinking about buying some shares of EZLawn Equipment, at $48.97 per share. She expects the price of the $106k to ifse to

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Melssa Cutt is thinking about buying some shares of EZLawn Equipment, at $48.97 per share. She expects the price of the $106k to ifse to $5 a 35 aver the next 3 years. During that time she also expects to recoive annual dividends of $3.51 per sharo. a. What is the intrinsic worth of this stock, given a required rate of retum of 9% ? b. What is its expected retum? a. The intrinsic worth of this stock is $ (Round to the nearest cent.)

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