1 pts Question 34 The dividend paid today of Iguana Inc. is $2.70, it is expected to grow at a rate of 17% for 2 years and then slow to a rate of increasing 2% thereafter. If the required return is 11%, what is the current price of the stock? O $23.65 $48.34 o $39.85 O $49.34 Previous 1 pts Question 31 You are figuring out the value of a stock. The company will pay dividends of $5/share next year with a promise to increase the dividend by 8% yearly into for the forseeable future. If you require a 12% return on your investment, at what price will you buy today? $225 O $125 $25 0 $50