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A stock has a price of $200 and earnings per share of $30. It pays out a dividend of $17.7. What is the sustainable rate of growth for its dividends? Express your answer as a \%, for example if the answer is 7.32% then enter 7.32 in the answer box. Suppose a stock has just paid a $6 per share dividend. The dividend is projected to grow at 20% next year, then 10% for one year, and then 5% indefinitely. The required return is 6.5%. A person who buys the stock at year 2 will receive the dividends of year 3 onward, that is $8.316 at year 3 , followed by all subsequent dividends which grow at a rate of 5%. How much will the price of the stock be at year 2? (The question asks for the price at which the stock will sell at year 2, rather than the present value of that price at year 2)