4. Stock Values Calphony Corporation will pay a $ 4.00 per share dividend next year. The company pledges to increase its dividend by 5.00% percent per year, indefinitely. If you require a 12.00% return on your investment, how much will you pay for the company's stock today? $ Points: 10 5. Stock Valuation Suppose you know that a company's stock currently sells for $ 60.00 per share and the required return on the stock is 17.00%. You also know that the total return on the stock is divided 50% to capital gains yield and 50% to dividend yield. If it is the company's policy to always maintain a constant growth rate in dividends, what is the current dividend per share? Points: 10 6. Stock Valuation Cornwing Corporation pays a constant S 4.00 dividend on its stock. The company will maintain this dividend for the next 12 years and will then cease paying dividends forever. If the required return on this stock is 15.00%, what is the current share price? Points: 10