6. 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 negative 5%. 7, Assume the risk-free rate is 6% and the market risk premium, is 6%. The stock of 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 0%. Physicians 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%. 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 1.5. The last dividend paid by PCN (Do) was $2 per share. What would be the stock value if the growth rate were 10% but PCN's beta fell to 1.0 10. Better Life Nursing Home, Inc. has maintained a dividend payment of $4 per share for many years. The same dollar dividend is expected to be paid in future years. The same dollar dividend is expected to be paid in future years. Ifinvestors require a 12% rate ofreturn on investments of similar risk, determine the value of the company's stock 11. Lucas Clinic's last dividend Do was S1.50. Its current equilibrium stock price is S15.75, and its expected growth rate is a constant 5%. If the stockholders' required rate of return is 15%, what is expected total return yield (dividend yield and capital gains yield) for the coming year? 12. St John Medical, a surgical equipment manufacturer, has been hit hard by increased competition. Analysts predict that earnings and dividends will decline at a rate of 5% annually into the foreseeable future. If the firm's last dividend (Do) was $2.00 and the investors' required rate of return is 15%, what will be the company's stock price in three years? 13. Human's Inc.'s last dividend (D0) was $1.12, and its earnings and dividends are expected to increase at a constant growth rate of 12%, Humana's market beta is l16. If the current risk-free