1) ExFed paid its annual dividend this year of $1.62 a share. The firm recently announced that all future dividends will be increased by 1.1 percent annually. What is one share of this stock worth to you if you require a rate of return of 15.7 percent? A) $12.34 B) $11.16 C) $13.77 D) $11.33 E) $11.95 2) Braxton's Cleaning Company stock is selling for $32.60 a share based on a rate of return of 13.8 percent. What is the amount of current dividend if the dividends are increasing by 2.4 percent annually? A) $3.63 B) $2.72 C) $3.78 D) $2.86 E) $3.14 3) The common stock of Up-Towne Movers sells for $33 a share, has a rate of return of 11.4 percent, and a dividend growth rate of 2 percent annually. What was the amount of next year annual dividend? A) $3.10 B) $2.14 C) $3.48 D) $2.22 E) $3.94 4) Dry Dock Marina is expected to pay an annual dividend of $1.58 next year. The stock is selling for $28.53 a share and has a total return of 9.48 percent. What is the dividend growth rate? A) 2.67 percent B) 3.88 percent C) 2.57 percent D) 2.28 percent E) 3.94 percent