7. Consider a stock which just paid a dividend of $5.00. If the firm expects earnings and dividends to grow at a rate of 6%, what price would you pay for the stock if you require a rate of return equal to 9% ? 7. Consider a stock which just paid a dividend of $5.00. If the firm expects earnings and dividends to grow at a rate of 6%, what price would you pay for the stock if you require a rate of return equal to 9%