27. ABC Company's preferred stock is selling for $30 a share. If the required return is 9%, what will the dividend be two years from now? A) $2.40 B) $3.25 C) $2.80 D) $2.20 E) $2.70 28. Jacoby, Inc. currently pays a 2.00 dividend. It is cxpected that dividends will remain the same forever. Given a required return of 8.00%, what would you paty for the stock today? A) $18.00 B) $16.50 C) $19.50 D) $25.00 E) $40,00 29. McIver's Meals, Inc. currently pays a $2 annual dividend. Investors believe that dividends will grow at 20% next year, 12% annually for the two years after that, and 6% annually thereafter. Assume the required return is 10%. What is the current market price of the stock (round each dividend to two decimals)? A) $60.80 B) $66.60 C) $69.30 D) $75.20 E) $54.90