To further diversify, you are considering investing in shares of Astrazeneca, a company that has become quite well-known during the pandemic. The company recently paid a dividend of $3.00, which is...

To further diversify, you are considering investing in shares of Astrazeneca, a company that has become quite well-known during the pandemic. The company recently paid a dividend of $3.00, which is expected to increase annually by 5%. The share is currently selling for $35.00.

Compute the required return of this share.

Given that your required return on common share investments is 15%, would you purchase this stock?