M1 includesa) currency in circulation, savings account balances, checking account deposits in banks, and holdings of traveler's checks. b) currency in circulation, checking account deposits in banks, and holdings of traveler's checks. c) currency in circulation, savings account balances, and checking account deposits in banks. d) coins, savings account balances, traveler's checks.

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