You buy a share of The Ludwig Corporation stock for $23.20, You expect it to pay dividends of $11.01,$1.0706, and \$1.1348 in Years 1, 2, and 3, respectively, and you expect to seli it at a price of $27.63 at the end of 3 years. a. Calculate the growth rate in dividends. Round your answer to two decimal places. W b. Calculate the expected dividend vield. Round your answer to two decimal places: W c. Assuming that the calculated growth rate is expected to continue, you can add the dividend vield to the expected growth rate to obtain the expectied tocal rate of return. What is this stock's expected total rate of return (assume market is in equilibrium with the required rate of retum equal to the expected retum)? Do not round intermediate caiculations: Round your onswer to two decimal places. Preferred Stock Rate of Return What is the required rate of return on a preferred stock with a \$50 par value, a stated annual dividend of 10\$ of par, and a current market price of (o) \$32, (b) \$44, (c) \$53, and (d) 572 (assume the market is in equilibrium with the required return equal to the expected retum)? Do not round intermediate calculations, Resnd the answers to two decimal places. a. b. c. d. 4. 15