27. What should be the stock value one year from today for a stock that currently sells for $35, has a required return of 15%, an expected dividend of $2.80, and a constant dividend growth rate of 7%? A. $37.45 B. $37.80 C. $38.52 D. $43.05 28. What should be the stock value one year from today for a stock that currently sells for $12.73, has a required return of 15%, an expected dividend of $2.80, and a constant negative growth rate of 7%? A. $7.45 B. $11.84 C. $15.25 D. $18.05 29. A fundamental analyst: A. relies upon the same information as the technical analyst, but believes in the random walk. B. studies a firm's financial statements to determine pricing inefficiencies. C. believes that the market is strong-form efficient. D. performs an unnecessary function, since markets are efficient. 30. What is the plowback ratio for a firm that has earnings per share of $12.00 and pays out $8.00 per share as dividends? A. 25.00% B. 33.33% C. 66.67% D. 75.00% 31. What is the sustainable growth for a firm that has earnings per share of $12.00, pays out $4.00 per share as dividends, and has a return on equity of 15%? A. 10.00% B. 15.00% C. 33.33% D. 66.67%