3. Firm B is expected to pay a dividend of $1.00 at the end of Year 1 and $2.00 at the end of Year 2. The firm is expected to pay $2.06 (3% greater than the dividend in Year 2) in Year 3, and the company will continue to pay dividends at the 3% growth rate afterward. Compute the expected stock price today, given the required rate of return is r. -10%. Show steps: 24 points. Answer 1 point 4. Suppose CNK corporation's projected free cash flow for next year is FCF - $85 million and FCF is expected to grow at a constant rate of 11.5%. If the company's weighted average cost of capital is 125%, the value of debt is currently $150 million and the outstanding number of common stocks is 85 million, and there is no preferred stocks issued Compute the value of this stock Show steps: 24 points