18. What is your max value of a stock that expects to pay a $4.00 dividend in year 1, and then increase the dividend at a rate of 6% per year, indefinitely? Assume a 10% expected return. a $100 b. $300 c. $200 d. There are no companies that pay dividends of $6.00 per share 19. A stock pays a constant $10 dividend per year in perpetuity and has an 8% required return. What is the current price of this stock? a. $25 b. $125 c. $36.36 d. There is no way to determine the price of the stock 20. A stock's "Beta" measures its price sensitivity to market risks a. True b. False