237 #37 The risk-free rate is 1.49% and the market risk premium is 8.00%. A stock with a of 1.68 just paid a dividend of $3.00 The dividend is expected to grow at 20.86% for three years and then grow at 3.05% forever. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places. #38 Assume a par value of $1,000. Caspian Sea plans to issue a 18.00 year, annual pay bond that has a coupon rate of 7.92%. If the yield to maturity for the bond is 8.47%, what will the price of the bond be? Submit Answer format: Currency: Round to: 2 decimal places