You buy a share of Microdrive for $81.21 per share. You expect it to pay dividends of $4.50, $4.725 and $4.96125 in years1, 2 and 3 respectively. You expect to sell the investment in 3 years for $94.01. Calculate the growth rate in dividends . Calculate the expected dividend yield . What is the stock's total expected rate of return? (Assume the market is in e the required return equal to the expected return.)