12. Stock SLK has an expected growth rate of 0%. Each share of stock just received an annual $4.24 dividend per share. The appropriate discount rate is 15%. What is the value of the common stock? )$21.60 B) $28.27 C). $27.26 D) $21.26 4:24 (1+15) 13.Stock CEF has an expected dividend growth rate of 10%. Each share of stock just received an annual $3.50 dividend. The appropriate discount rate is 15%. What is the value of the common stock?. A) $78 B) $95 C) $79 D) $77 924 15-1 0.07 14. Ghana Commercial Bank has just paid a dividend of 10c. Shareholders expect dividends to grow at 7% pa. Ghana Commercial Bank's current share price is $2.05. Calculate the cost of equity of Shell Ghana. A) 21.2% B) 21,4% C) 12.2% D) 12.65% +12:05-10)