2. a firm has just paid its annual dividend of $6.25 per share on its common stock. dividends are expected to decline at a constant rate of 4% forever . if the requires rate of return is 11%, the expected value of this stock today is closest to?

3. a firm has just paid its current dividend of $3.00 per share of common stock. if the long-run growth rate for the firm is expected to be constant at 10 percent forever, and you require an annual rate of return of 16 percent, the amount you would be willing to pay for a share of this stock today is closest to?

4. you own JB common stock which is currently trading at $165 per share and is expected to increaee at a constant 3% per year, forever. the next expected dividend (D1) is $5, therefore based on this information and the fact that you require a 7% return you should?