1. The Stopper Wardrobe Company just paid a dividend of $1.45 per share on its stocks. The dividends are expected to grow at a constant rate of 6% per year indefinitely. If investors require an 11% return on the stock a. what is the current price? b. What will the price be in 3 years? c. And in 15 years? 2. The next dividend payment by X Co. Inc. will be $1.89 per share. The dividends are anticipated to maintain a 5% growth rate forever. If the stock currently sells for $38.00 per share, what is required return? 3. Y & Co. will pay $3.40 per share dividend next year. The company pledges to increase its dividend by 4.5% per year indefinitely. If you require an 11% return on your investment, how much will you pay for the company's stock today? 4. PQR Co. is expected to maintain a constant 5.2% growth rate in dividends indefinitely. If the company has a dividend yield of 6.3%, what is the required return on the company's stock? 5. ABC company has an issue of preferred stock outstanding that pays a $4.75 dividend every year in perpetuity. If this issue is currently sells for $93 per share what is the required rate