You are considering the purchase of Kline, Inc. stock at a market price of$26.75 per share. Assume the stock pays an annual dividend of $2.97. What would be your expected return? Should you purchase the stock if your required return is 13 percent?

your expected return would be?

If you have a required rate of return of 13%, you____ purchase the Kline, Inc. stock because the stock's expected rate of return is ____ your required rate of return.