(6 points) Pricing of stocks: a. Compute the price of a share of stock that pays $1 per year dividend and that you expect to be able to sell it one year for $30, assuming you require a 18% return. b. After careful analysis, you have determined that the firm's dividends should grow at 6%, on average, in the foreseeable future. The firm's last dividend was $5. Compute the current price of the stock, assuming the required return is 17%. c. The current price of the stock is $65.88. If dividends are expectd to be $1 per share for the next five years, and the required return is 10%, then what should be the price of the stock be in 5 years when you plan to sell it? If the dividend and required return remain the same, and the stock price is expected to increase by $1 five years from now, does the current stock price also increase by a $1? Why or why not?