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#2 The risk-free rate is 1.43% and the market risk premium is 9.38%. A stock with a of 0.91 just paid a dividend of $1.14.

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#2 The risk-free rate is 1.43% and the market risk premium is 9.38%. A stock with a of 0.91 just paid a dividend of $1.14. The dividend is expected to grow at 20.76% for five years and then grow at 3.26% forever. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places. #3 Caspian Sea Drinks needs to raise $46.00 million by issuing additional shares of stock. If the market estimates CSD will pay a dividend of $2.58 next year, which will grow at 4.76% forever and the cost of equity to be 12.04%, then how many shares of stock must CSD sell? Submit Answer format: Number: Round to: 0 decimal places

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