Two stocks each currently pay a dividend of $2.40 per share. It is anticipated that both firms' dividends will grow annually at the rate of 3 percent. Firm A has a beta coefficient of 0.99 while the beta coefficient of firm B is 0.75 . a. If U.S. Treasury bills currently yield 5.5 percent and you expect the market to increase at an annual rate of 9 percent, what are the valuations of these two stocks using the dividend-growth model? Do not round intermediate calculations. Round your answers to two decimal places. Stock A:$ Stock B: \$ b. Why are your valuations different? The beta coefficient of is higher, which indicates the stock's return is volatile. c. If stock A s price were $32 and stock B's price were $58, what would you do? Stock A is, and be purchased. Stock B is and be purchased