1. Company A paid out a dividend of $1.50, the dividend is expected to grow at a constant rate of 3%. Calculate the stock price assuming a 8% required return? 2. a. You bouht a stock for $18.20, and you expect the next annual dividend to be $1.20. The dividend is expected to grow constanantly at 3.75%. What is the expected rate of return and dividend yield on the stock? 2. b. What do you expect the price of this stock to be in 7 years? 3. What is the value of a perpetual preferred stock that pays a $12 annual dividend with a required return of 11.4% ? 5. What is the prices of a preferred stock that has a required return of 7%, finite life of 50 years, a $100 par value, and a $15 annual dividend. If the par value is repaid at maturity in 50 years, what is the price of the stock? 5. a. What would be its value if the required return declined to 6% ? 5. b. What would the stock price be if this was perpetual preferred with a required return of 6%