Question: please show the work using Excel Return on Common Stock You buy a share of The Ludwig Corporation stock for $19.40. You expect it to

please show the work using Excel

Return on Common Stock

You buy a share of The Ludwig Corporation stock for $19.40. You expect it to pay dividends of $1.06, $1.1321, and $1.2091 in Years 1, 2, and 3, respectively, and you expect to sell it at a price of $23.63 at the end of 3 years. Calculate the growth rate in dividends. Round your answer to two decimal places. % Calculate the expected dividend yield. Round your answer to two decimal places.

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