Return to question You've collected the following information from your favorite financial website 52-Week Price HI 77.40 55.81 130.93 50.24 36.80 Lo 10.43 33.42 69.50 13.95 20.92 DIV Yld PE Close Net Stock (Div) % Ratio Price Cho Palm Coal 36 26 6 13.90 - 24 Lake Lead Grp 1.54 3.8 1040.43 01 SIR 2.00 2.2 10 88.97 3.07 DR Dime.80 5.2 6 15.43-26 Candy Galore 0.50 1.5 28 ?? 18 a. Using the dividend yield, calculate the closing price for Candy Galore on this day (Do not round Intermediate calculations and round your answer to 2 decimal places 0.9. 32.16.) b. Assume the actual closing price for Candy Galore was $33.02. Your research projects a 475 percent dividend growth rate for Candy Galore. What is the required return for the stock using the dividend discount model and the actual stock price? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e... 32.16.) Answer is complete but not entirely correct. a. 5 333 Stock price Required return b. 6.34