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12. ( 0.5 points) HFB just paid a dividend of $5.00. The market believes that the dividend will grow at a constant rate of 4%

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12. ( 0.5 points) HFB just paid a dividend of $5.00. The market believes that the dividend will grow at a constant rate of 4% forever. HFB's stock price is $45.00. HFB's cost of equity is %. 13. ( 0.5 points) The RTR Corporation will pay a dividend of $3.50 today. Its required rate of return is 10%, and the market expects RTR's dividend to grow at 3% forever. RTR's stock should sell for 14. (1 point) Titan, Inc. just paid a dividend of $2.50. Titan's dividends will grow at 10% for the first three years and then 15% for the next two years. After that, the dividend will grow at 4% forever. Assuming a 12% cost of equity, the current stock price should be $

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