23 Not yet answered Marked out of 10.00 Flag question Time left 2:04:44 This question is worth 10 marks. Please show any formulas that you are using and calculations. The stock of a company pays a current dividend of $2. The dividend is expected to grow at a constant rate of 5% per year. The market requires a return of 12% a) what is the current price of the stock? (5 marks) b) what will the price of the stock be in 8 years? (5 marks) L A- B