Problem 7-17 Negative Growth (LO2) 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 DIV 1 = $3, what is the value of a share? (Do not round intermediate calculations.) Value of a share $ b. 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. 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 %