7. What does a stock have to sell for one year in the future, if it currently sells for $75, has a planned dividend of $2 a share and an expected return of 12%?

a.75

b.79

c.82

d.85

8. A company just paid a dividend of 2.00 to its shareholder. It estimates that future growth will be at 5%. What is the value of the stock if you are looking for an 10% return on your investment?

a.41.75

b.42

c.41

d.39