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5 and 6 please A company's dividends are getting smaller at a constant rate of 4% (this growth rate is negative). The company just paid

5 and 6 please image text in transcribed
A company's dividends are getting smaller at a constant rate of 4% (this growth rate is negative). The company just paid a dividend of $9 and the required return is 13%. What is the price of the company's stock today? Answer to 2 decimal places, for example 59.12. Question 6 1pts Suppose the goddess tells you the following information about a stock: She also tells you that the stock will sell for $45 at three years from now. If you require a 10% return to invest in this stock, what is the most you would be willing to pay for it today? answer to 2 decimal places, for example 49.12

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