Consider the following information for stock A, B, and C. Price Current Dividend Required Stock per share per share rate of return $44.50 $1.90 5% B $11.25 $1.50 8% $20.50 $1.20 7% a) Calculate the expected growth rate of dividends for stock A. b) Calculate the expected growth rate of dividends for stock B. c) Calculate the expected growth rate of dividends for stock C. d) Which of the following stocks would you purchase? Why? e) Explain how an increase in the required rate of return would affect the expected growth rate of dividends