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P8.8 (similar to) Uusbon Help Melissa Cult is thinking about buying some shares of EZLawn Equipment, at $46,04 per share. She expects the price of

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P8.8 (similar to) Uusbon Help Melissa Cult is thinking about buying some shares of EZLawn Equipment, at $46,04 per share. She expects the price of the stock to rise to $59.69 over the next 3 years. During that time she also expects to receive annual dividends of $6.15 per share, a. What is the intrinsic worth of the stock, given a required rate of return of 11%? b. What is its expected retur? a. The rtrinsic worth of this stock is $(Round to the nearest cont.) ons Study al Calculate Enter your answer in the answer box and then click Check Answer Plan port remaining Clear AB Check Answer media rary Question 5 (0/1) Question 6 10/1) Question 7(0/1) Question 8 (0/1) Type here to search O TI E 9:51 PM 11/18/202 8

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