i need A-B

Common stock value - Constant growth McCracken Roofing, Inc., common stock paid a dividend of $1.16 per share last year. The company expects earnings and dividends to grow at a rate of 6% per year for the foreseeable future. a. What required rate of return for this stock would result in a price per ghare of \$28? b. If MoCracken expects both eamings and dividends to grow at an artnual rate of 12%, what required rate of retum would result in a price per share of \$28? a. The required rate of retum for this stock, in order to result in a price per share of $28, is \%. (Round to two decimal places.)