6. Assume the risk-free rate is 6% and the market risk premium is 7%. The stock of Physicians Care Network (PCN) has a beta of 1.5. The last dividend paid by PCN (D) was $2 per share. What would PCN's stock value be if the dividend were expected to grow at a constant rate of negative 5%. Choice: $6.00 Choice: $8.84 Choice: $9.50 Choice: $17.60 Assume the risk-free rate is 5% and the market risk premium is 8%. The stock of Physicians Care Network (PCN) has a beta of 1.5. The last dividend paid by PCN (Do) was $2 per share. What would PCN's stock value be if the dividend were expected to grow at a constant rare Choice: $0.00 Choice: $5.05 Choice: $11.77 Choice: $20.40 8. Assume the risk-free rate is 6% and the market risk premium is 6%. The stock of Physicians Care Network (PCN) has a beta of 1.5. The last dividend paid by PCN (DO) was $2 per share. What would PCN's stock value be if the dividend were expected to grow at a constant rate of 10%. Choice: $35.00 Choice: $40.00 Choice: $44.00 Choice: $50.00 9. Assume the risk-free rate is 6% and the market risk premium is 6%. The stock of Physicians Care Network (PCN) has a beta of 1.0. The last dividend paid by PCN (D.) was $2 per share. What would be the stock value if the growth rate were 10%? Do you see the difference that the Beta can make on estimated stock value (look at answer for #8 and 9)? Choice: $50.00 Choice: $100.00 Choice: $110.00 Choice: $115.00