4. (20 points) Today is December 12th, 2020, and you buy a share of Verizon stock today for $60.35. (a) With a divdend yield of 4.15%, find the value of the current dividend. What does this value reflect? (b) Using the dividend you found in part a, and an interest rate of 3%, estimate the expected growth rate of the company's future dividends (or profits). (c) Using the table in Part 3 at the end of the exam. Calculate the approximate annual growth rate of real average hourly workers from 2009 to 2019. (d) Using the data from the table in Part 3 at the end of the exam. What has been the approximate annual rate of inflation between 2009 and 2019? () Estinto your annual mute of return if you sold the work for $66.64 two years in the future on 12/12/2022 Estimate the real roturistiming an annual inflation rate you found in part d. 4. (20 points) Today is December 12th, 2020, and you buy a share of Verizon stock today for $60.35. (a) With a divdend yield of 4.15%, find the value of the current dividend. What does this value reflect? (b) Using the dividend you found in part a, and an interest rate of 3%, estimate the expected growth rate of the company's future dividends (or profits). (c) Using the table in Part 3 at the end of the exam. Calculate the approximate annual growth rate of real average hourly workers from 2009 to 2019. (d) Using the data from the table in Part 3 at the end of the exam. What has been the approximate annual rate of inflation between 2009 and 2019? () Estinto your annual mute of return if you sold the work for $66.64 two years in the future on 12/12/2022 Estimate the real roturistiming an annual inflation rate you found in part d