The common stock of NCP paid $2.25 in dividends last year. Dividends are expected to grow at an annual rate of 9.60 percent for an indefinite number of years.

a. If NCP's current market price is $26.66 per share, the stock's expected rate of return is enter your response here %. (Round to two decimal places.)

b. If your required rate of return is 11.6 percent, the value of the stock would be$ enter your response here. (Round to the nearest cent.)

c. You should the stock because the expected rate of return is your required rate of return or the value of the stock isthe current market price.