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#24 The risk-free rate is 3.43% and the market risk premium is 5.95%. A stock with a B of 1.61 just paid a dividend of

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#24 The risk-free rate is 3.43% and the market risk premium is 5.95%. A stock with a B of 1.61 just paid a dividend of $1.12. The dividend is expected to grow at 23.71% for five years and then grow at 3.47% forever. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places. #25 Caspian Sea Drinks needs to raise $87.00 million by issuing additional shares of stock. If the market estimates CSD will pay a dividend of $1.17 next year, which will grow at 4.30% forever and the cost of equity to be 14,65%, then how many shares of stock must CSD sell? Submit Answer format: Number: Round to: O decimal places

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