3. LSP stock is expected to pay a dividend of $1.5 at the end of the year. The required rate of return is rs = 15%, and the expected constant growth rate is g = 6.5%. What is the stock's current price? * a) $50 O b) $45 c) $36 d) $50.5 e) None of the above 4. What is the present value of a security that will pay $15,000 in 15 years if securities of equal risk pay 15% annually? * a) $1843 b) $4787 c) $4066 O d) $4728 e) None of the above