Avondale Aeronautics has perpetual preferred stock outstanding with a par value of 5100 . The stock purs a ouarterfy dividend of 52 current price is $114. a. What is its nominal annual rate of return? Do not round intermediate calculations. Round your answer to two decimal olaces. 54 b. What is its effective annual rate of return? Do not round intermediate calculations. Round yeur ansner to tho decimal noces. A stock is expected to pay a dividend of $3.00 at the end of the year (i.e., D1=$3.00), and it should cortinue to grow at a constant rate of onha year. If its required return is 14%, what is the stock's expected price 3 years from today? Do not round intermediate calculations. Round your answer to the nearest cent