5. Pastaja Inc is a company that produces fireworks. Your friend Bill is looking to purchase the company stock, and wants to know what the current share price is. The company is planning to pay a $5 dividend in eight years from now and will increase the dividend 4% per year thereafter. The required rate of return is 11%. What is the current share price? 6. Jason Corado is looking for investment advice. He wants to invest in Bombardier as he believes that there are significant growth opportunities with that company. He notices that there is both a Class A share , which carries voting rights of 10 votes per share but receives no dividends, and Class B share, which carries voting rights of one vote per share and pays dividends whenever they are declared by the board. Which should Billy be willing to pay more for and why would that be