1. A stock is expected to pay a dividend of $0.5 at the end of the year (D1-0.5), and it should continue to grow at a constant rate of 7% a year. If its required return is 12%, what is the stock's expected price 5 years from today? Answer to the nearest dollar amount, and enter without the dollar sign 10 points QUESTIONS 1. If the company has a target capital structure of 35% debt and 65% common equity, with no preferred stock. The yield to maturity on the company's outstanding bonds is 9%, and its tax rate is 36%. If the company's WACC is 9.6%. What is the company's cost of common equity? Answer as a percent and to the nearest hundredth of a percent as in xx xx % and enter without the percent sign