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1. A stock is expected to pay $1 in dividends next year. Dividends are expected to grow in future years at a rate of 5%

1. A stock is expected to pay $1 in dividends next year. Dividends are expected to grow in future years at a rate of 5% per year. If the market demands a return of 11%, at what price should the stock trade?(Round to the nearest cent and do not enter a dollar sign)

2. A stock is expected to pay $1 in dividends next year. Dividends are expected to grow in future years at a rate of 5% per year. If the market demands a return of 10%, at what price should the stock trade?(Round to the nearest cent and do not enter a dollar sign)

3. If a companys value is $250,000,000, and the company has $100,000,000 market value of debt outstanding and no preferred stock, what is the value of its common stock?(Round to the nearest dollar and do not enter a dollar sign)

4. A $30 stock is expected to pay a dividend of $2 next year, and dividends are expected to grow at 2% per year thereafter. What is the expected market return for this stock?(Give at least 4 significant digits in your answer)

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