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36. Assume you require 13.0% return. A company has common stock which is expected to have a dividend of $3.02 at the end of year

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36. Assume you require 13.0% return. A company has common stock which is expected to have a dividend of $3.02 at the end of year 5 . After year 5 , the stock's dividends are expected to have a growth rate of 3.2%. What price should be predicted for this stock at the end of year 5 (i.e., what is the terminal value)? Enter your answer as a monetary amount rounded to four decimal places, but without the currency symbol. 39. A company has common stock currently selling for $62.27. It is expected to pay a dividend of $3.43 one year from now: If you demand 13.7% return, what percent rate growth of dividends would make this a worthwhile investment? Enter your answer as a percentage with two decimal places, but without the percent symbol

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