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1 pts Suppose a firm's expected dividend for next year is $1.10 (D1) and that it will grow by 10 cents per year over the

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1 pts Suppose a firm's expected dividend for next year is $1.10 (D1) and that it will grow by 10 cents per year over the next two years (years 2 and 3). After that, the firm's dividends are expected to grow at a constant 4.00 percent per year. What should the current price of the firm's stock (PO) be today if investors require a rate of return of 11.00 percent on the stock? (Do not round intermediate calculations. Round final answer to 2 decimals) $24.12 $16.74 $2.92 $17.04 Question 30 1 pts Robertsons, Inc., is planning to expand its specialty stores into five other states and finance the expansion by issuing 15-year zero coupon bonds with a face value of $1,000. If your opportunity cost is 8 percent and similar coupon-bearing bonds will pay semiannually, what will be the price at which you will be willing to purchase these bonds? (Round your answer to the nearest dollar) $866 $308 $803 $383 MacBook Air

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