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TSC inc sells for $24 and oays am annual per share dividend of $2.40 TSC, Inc, sells for $24 and pays an annual per share

TSC inc sells for $24 and oays am annual per share dividend of $2.40
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TSC, Inc, sells for $24 and pays an annual per share dividend of $2.40, which you expect to grow at 8 percent. What is your expected return on this stock? Round your answer to the two decimal places. What would be the expected retum if the price were $38 a share? Round your answer to the two decimal places

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