Horse and Buggy Inc. is in a declining industry. Sales, earnings, and dividends are all shrinking at a rate of 10% per year. a. If r= 15% and DIV1 = $4, what is the value of a share? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Value of a share 2:46 b. If r= 15% and DIV1 = $4, What price do you forecast for the stock next year? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Stock price c. If r= 15% and DIV1 = $4, What rate of return should you expect if you buy the stock today and sell it in one year? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Expected rate of return %