Steady As She Goes Inc. will pay a year-end dividend of $3.10 per share, Investors expect the dividend to grow at a rate of 5% indefinitely a. If the stock currently sells for $31.00 per share, what is the expected rate of return on the stock? (Do not round Intermediate calculations. Enter your answer as a whole percent.) Expected rate of retum but the expected rate of return on the stock is 17.50%, what is the stock price? (Do not round Intermediate calculations.) Grandiose Growth has a dividend growth rate of 10%. The discount rate is 8%. The end-of-year dividend will be $5 per share. What is the present value of the dividend to be paid in year 17 Year 2? Year 3? (Do not round Intermediate calculations. Round your answers to 2 decimal places.) Present Value Year 2 Year 2 Years