Here are data on two stocks, both of which have discount rates of 15%: Return on equity Earnings per share Dividends per share Stock A 15% $2.50 $1.00 Stock B 10% $1.90 $1.00 a. What are the dividend payout ratios for each firm? (Enter your answers as a percent rounded to 2 decimal places.) Stock Stock B Dividend payout ratios b. What are the expected dividend growth rates for each stock? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Stock A T Stock B Expected dividend growth rates % % c. What is the proper stock price for each firm? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Stock A Stock B Stock price