Here are data on two stocks, both of which have discount rates of 14%: Return on equity Earnings per share Dividends per share Stock A 14% $2.80 $1.40 Stock B 128 $2.00 $1.40 a. What are the dividend payout ratios for each firm? (Enter your answers as a percent rounded to 2 decimal places.) Stock A 50.00 % Stock B 70.00% 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 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