The common stock of NCP paid ?$1.25 in dividends last year. Dividends are expected to grow...

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The common stock of NCP paid ?$1.25 in dividends last year.Dividends are expected to grow at an annual rate of 9.10 percentfor an indefinite number of years.

a. If? NCP's current market price is ?$27.95 per? share, the?stock's expected rate of return is____%. ?(Round to two decimal?places.)

b. If your required rate of return is 11.1 ?percent, the valueof the stock would be ?$ _____. ?(Round to the nearest? cent.)

c. You should (buy or sell) the stock because the expected rateof return is ( less than or greater than) your required rate ofreturn or the value of the stock is ( larger than or smaller than)the current market price.??

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The common stock of NCP paid ?$1.25 in dividends last year.Dividends are expected to grow at an annual rate of 9.10 percentfor an indefinite number of years.a. If? NCP's current market price is ?$27.95 per? share, the?stock's expected rate of return is____%. ?(Round to two decimal?places.)b. If your required rate of return is 11.1 ?percent, the valueof the stock would be ?$ _____. ?(Round to the nearest? cent.)c. You should (buy or sell) the stock because the expected rateof return is ( less than or greater than) your required rate ofreturn or the value of the stock is ( larger than or smaller than)the current market price.??

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