Burgerama Inc. Stock is currently trading at $12 per share and the company paid a dividend of $0.50 last year.a) If the stock price is expected to increase by 6% and the dividend is expected to increase by 3%, what is the expected return for shareholders? FORMAT TO 4 DECIMAL PLACESb) You want to find out projected dividends for the next few years before buying any shares of this stock. During the next 3 years, dividends will grow 3% and then grow at 9% the following year with an 11% constant growth every year thereafter. The required rate of return is 12%. What is today’s value of Burgerama Inc.’s stock? Round intermediate and final calculations to 2 decimals.