2. Your friend is considering investing in a fund that is comprised of stocks in the Nasdaq 100 index. The current short-term bond yield is 2%, while the long-term bond yield is 5%. Growth in expected labor productivity is estimated at 1.73%, while the growth in labor supply is 1.10%. Dividends of stocks comprising the Nasdaq 100 are expected to rise from $57.28 to $61.35 in one year. Solve for the equity risk premium using the Gordon Growth Model. 2. Your friend is considering investing in a fund that is comprised of stocks in the Nasdaq 100 index. The current short-term bond yield is 2%, while the long-term bond yield is 5%. Growth in expected labor productivity is estimated at 1.73%, while the growth in labor supply is 1.10%. Dividends of stocks comprising the Nasdaq 100 are expected to rise from $57.28 to $61.35 in one year. Solve for the equity risk premium using the Gordon Growth Model