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( ) 2 4 . What is the estimated value of a stock, which paid a $ 1 0 dividend D 0 last year, expects

()24. What is the estimated value of a stock, which paid a $10 dividend D0 last year, expects
dividends to grow at 5%, and requires a 20% return?
A. $66.67
B. $70.00
C. $73.50
D. $80.00
()25. A stock, currently trading at $100 expects to pay an $11 dividend this year. The dividends
and stock price has been growing at 7 per cent for 10 years. What is the expected total return on the
stock this year?
A.11%
B.17%
C.18%
D.21%
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