18. You are considering an investment in XYZ's stock, which is expected to pay a dividend of $2.00 a share at the end of the year (D1 = $2.00) and has a beta of 0.9. The risk-free rate is 5.6%, and the market risk premium is 6%. XYZ currently sells for $25.00 a share, and its dividend is expected to grow at some constant rate g. Assuming the market is in equilibrium, what does the market believe will be the stock price at the end of 3 years? O a) $32.32 Ob) $78.00 O c) $27.32 d) SO e) None of the above 19. You have just applied for a job contract at XYZ Company. This company will pay you $175 at the end of the first year, $252 at the end of the second year, and $300 at the end of the fourth year. Currently you have a saving account in the bank that pays you a rate of 8% compounded annually. What is the future value of such contract at the end of the fourth year?* O a) $1,000 Ob) $300 O c) $657 d) $557 e) None of the above