1. Country Music's stock currently sells for $40 a share. The stock will pay a per-share dividend of $4 in one year. The dividend is expected to grow at a constant rate of 10% a year. (a) Calculate the stock price one year from now. (b) Calculate the dividend yield (DY) for the first year. (c) Calculate the capital gains yield (CGY) for the first year. (d) Calculate the stock price ten years from now. 2. The stock price of Celine Dion Co, is $40 now. Investors require a 10% return on similar stocks, If the company just paid a dividend of $2, calculate the expected dividend growth rate of the company's stock. 3. The preferred stock of Samba Corp, pays a $10 per-share annual dividend indefinitely. starting from the end of Year 4. (a) If the discount rate is 5%, calculate the fair price of this preferred stock. (b) If the current price is $180, what would be a good investment strategy