25) Hot Teas common stock is currently selling for $41.04. The last annual dividend paid 2 was $1.31 per share and the market rate of return is 11.2 percent. At what rate is the dividend growing? A) 6.67 percent B) 7.76 percent C) 8.60 percent D) 8.42 percent E) 6.10 percent 26) Emst & Frank stock is listed on NASDAQ. The firm is planning to issue some new 26) equity shares for sale to the general public. This sale will definitely occur in which one of the following markets? A) Auction. B) Secondary C) Tertiary D) Primary E) Private. 27) 27) Jensen Shipping currently has an EPS of S5.29, a benchmark PE of 19.5, and an - earnings growth rate of 4.3 percent. What is the target share price 4 years from now? A) S127.32 B) S131.15 C)$138.47 D)S109.42 B) S122.08 28) 28) Which one of the following applies to the dividend growth model? stock A) Even if the dividend amount and growth rate remain constant, the value of a can vary. B) The dividend growth rate is inversely related to a stock's market price. C) Stocks that pay the same annual dividend will have equal market values. D) Zero-growth stocks have no market value. E) An individual stock has the same value to every investor