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1 a: The market price of a stock is $22.43 and it just paid a dividend of $1.84. The required rate of return is 11.27%.

1 a: The market price of a stock is $22.43 and it just paid a dividend of $1.84. The required rate of return is 11.27%. What is the expected growth rate of the dividend?

b: The market price of a stock is $24.33 and it is expected to pay a dividend of $1.89 next year. The required rate of return is 11.21%. What is the expected growth rate of the dividend?

c: A stock just paid a dividend of $2.90. The dividend is expected to grow at 27.52% for three years and then grow at 4.85% thereafter. The required return on the stock is 12.96%. What is the value of the stock?

d: A stock just paid a dividend of $1.84. The dividend is expected to grow at 24.18% for five years and then grow at 3.34% thereafter. The required return on the stock is 14.63%. What is the value of the stock?

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