1) After careful analysis, you have determined that a firm's dividends should grow at 2% on average, in the foreseeable future. The firm's last dividend was $5.00. Compute the current price of this stock, assuming the required return is 55%. 2) Compute the price of a share of stock that pays a $0.50 per year dividend and that you expect to be able to sell in one year for $50 assuming you require a 20% return. 3) Suppose that a certain stock is being sold for $80. If the expected dividend for next period is $3 and the rate of growth of the dividend is 2% then the required rate of return on equity investments of the buyer of the stock is equal to %