43% 4:36 PM T-Mobile a bbhosted.cuny.edu 8 of 13 3) What eontant-eowth rate in dividends is expected for a stock valued at $32.40 if next 23 year's dividend is forecast at $2.20 and the appropriate discount rate is 13.6% A. 6.81% . 6.59% C. 7.38% D, 702% 24) A ock is expected to pay dividends of $1.20 per share in Year 1 and $1.35 per share in Year 2. After that, the dividend is expected to increase by 2.5% annually, what is the curent value ofthe stock aa discount rate of 14.5%? 24) A. $11.29 B. $10.87 C. $13.39 D. $12.07 25) How much of a stock's $30 price is reflected in PVGO if it expects to earn $4 per share. 25 has an expected dividend of $2.50, and a required retum of 20%? A. S0 B, S8 C. S6 D. S10 26) According to random-walk theory, what are the (approximate) odds that a stock wil 26 increase in price after having increased on two consecutive days of trading? A, 50% B. 25% C.0% D. 1001