It's been a few years since odor-free paint hit the market, and a paint manufacturer estimates the paint to be in the late growth/ early maturity stage of its product life cycle. With all the competition in the industry today, the manufacturer should use promotions that educate buyers of odor-free paint.

The common stock of ncp paid $1.35 in dividends last year. dividends are expected to grow at an annual rate of 5.30 percent for an indefinite number of years. a. if ncp's current market price is $22.57 per share, what is the stock's expected rate of return? b. if your required rate of return is 7.3 percent, what is the value of the stock for you? c. should you make the investment? a. if ncp's current market price is $22.57 per share, the stock's expected rate of return is