1. (1pts) The next dividend payment by Wyatt, Inc. will be $2 per share. The dividends are anticipated to maintain a growth rate of 10% forever. If the stock currently sells for $50 per share, what is the required return?

2. (1pt) Metallica Bearings, Inc. is a young start-up company. No dividends will be paid on the stock over the next 9 years because the firm needs to plow back its earnings to fuel growth. The company will then pay a dividend of $4 per share 10 years from today. The annual dividend will increase by 5% a year thereafter. In the annual required return on this stock is 10%, what is the current share price?