receive annual dividends of $$3\mathrm{.}53$ 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 $$39\mathrm{.}33.($Round to the nearest cent.$)$

b$.$ The expected return is $17\%.($Round to one decimal place.$)$