12 The market price of a stock is $21.42 and it is expected to pay a dividend of 51 84 next year. The required rate of return is 11.45%. What is the expected growth rate of the dividend? Submit Answer format: Percentage Round to 2 decimal places (Example 924%, % sign required will accept decimal format rounded to 4 decimal places (ex 0.0924)) 3 A stock just paid a dividend of $2 89. The dividend is expected to grow at 24.00% for three years and then grow at 4 35% thereafter. The required return on the stock is 12 99% What is the value of the stock? Submit Answer format: Currency. Round to 2 decimal places 14 A stock just paid a dividend of $1.41 The dividend is expected to grow at 29.83% for five years and then grow at 426% thereafter the required return on the stock is 11.30% What is the value of the stock? Sube Answer format: Currency Round to 2 decimar places