6: Common Stock, Part A (29 points) Answer the following in…

6: Common Stock, Part A (29 points) Answer the following in Excel and submit into Canvas. Green Corporation (“GC”) recently paid a dividend of $1.65 per share. GC expects to grow its dividend at a current rate of 3.4% indefinitely. AC’s common stock is currently selling for $47.85 per share and your required rate of return is 7.4%. i. What is the value of one share of AC common stock to you? ii. What is the expected rate of return for AC’s common stock? iii. Should you invest in AC common stock? Explain.’ Complete in Excel and upload at the end of the exam.