Common stock value-Constant growth McCracken Roofing, Inc, common stock paid a dividend of $1.03 por share last year. The company expects earning and dividends to grow at a rate of 5% per year for the foreseeable future, a. What required rate of return for this stock would result in a price per share of $28? b. If McCracken expects both earnings and dividends to grow at an annual rate of 11% what required rate of return would result in a price per share of $28? a. The required rate of return for this stock, in order to result in a price per share of $28, is % (Round to two decimal places.) b. The required rate of return for this stock, in order to result in a price per share of $28, is (% (Round to two decimal places.)