7. XYZ Co.'s stock price is $58.88, and it recently paid a $2.00 dividend. This dividend is expected to grow by 52% for the next 3 years, then grow forever at a constant rate, g; and rs = 12%. At what constant rate is the stock expected to grow after Year 3? * a) 9.5% b) 6.25% c) 15.75% O d) 33.33% e) None of the above 8. How much are you willing to pay for one share of XYZ bank stock if the company just paid a 1.5$ annual dividend, the dividends increase by 3% annually, and you require a 15% rate of return? * a) $12.5 b) $10 c) $12.88 O d) $13