Empire Company Limited (EMP), which owns Sobeys trades on the TSX, at $38.00/share (at the time of writing this). Its most recent dividend (annualized) was $0.67/share, with the dividend growth rate approximately constant at 4% annually. a. Calculate next years dividend. b. Find the implied rate of return on the stock: c. If you buy at 38.00, and sell a year from now at 40.25, what will have been your one- year ROR?