1. The RLX Co. just paid a dividend of $3,20 per share on its stock. The dividends are expected to grow at a constant rate of 4% per year, indefinitely. If investors require a return of 10.5% on this stock, what is the current price? What will the price be in three years? In 15 years? 2. The next dividend payment by I'm. Inc will be $1.87 per share. The dividends are anticipated to maintain a growth rate of 4.3% forever. If the stock price currently sells for $37 per share, what is the required rate of return? 9.35% 3. For the company in the previous problem, what is the dividend yield? What is the expected capital gains yield? 4. Five Star Corporation will pay a dividend of $3.04 per share next year. The company pledges to increase its dividend by 3.75 percent per year, indefinitely. If you require a retum of 11 percent on your investment, how much will you pay for the company's stock today