A stock is selling for $31.25/share, and it is believed that next years dividend will be $1.00 per share. a) What is the growth rate of the stock, if returns in the market are around 4% right now? b) Imagine you paid the $31.25 per share. You then hold it for one year, collect the $1.00 dividend, and then sell it for $31.00. What would be your one-year return on the stock?