Thomas Brothers just paid a $$5\mathrm{.}00$ per share annual dividend and has beta of $1\mathrm{.}20.$ The risk$-$free rate is $3\%,$ and the expected market return is $9\%.$ Thomas Brothers dividend is expected to grow forever at a constant rate of $4$ percent a year.

a$.$ Calculate the required return for Thomas Brothers.

b$.$ What is your calculated value per share for the company's stock?

c$.$ If the current market price is $$42\mathrm{.}7$ Per share are you a buyer or seller? Why?