Question 1 Not yet answered Stock Y is selling at $25. Its predicted dividend payment next period is $0.5 per share, and its dividend payment is expected to grow at 5%. If the stock is fairly priced, what is the expected rate of return for the stock? Points out of 1.00 P Flag question Select one: a. 7% O b. 7.5% C. 8% d. 7.1%