Score: 0 of 1 pt 12 of 13 (11 complete) HW Score: 78.21%, 10.17 of 13 pts Problem 8-30 (similar to) Question Help (Common stockholder expected return) The common stock of Martin Co. is selling for $39.69 per share. The stock recently paid dividends of $1 25 per share and has a projected constant growth rate of 8.4 percent. If you purchase the stock at the market price, what is your expected rate of return? Your expected rate of return is (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer ? All parts showing Clear All Final Check