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10. If a firm just paid a dividend of $2.00 and you require a return of 9% for the risk perceived for the investment, what

image text in transcribed 10. If a firm just paid a dividend of $2.00 and you require a return of 9% for the risk perceived for the investment, what price would you pay for the stock if you expect the growth rate of dividends to be 11% for the next five years and then 4% thereafter? 11. You purchased a stock when the last paid dividend was $6.00. What was the growth rate of dividends if you required an 8% return for the purchase, assumed a constant rate of growth, and paid $90.00 for the stock

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