8. Suppose you invest in Telecom stock that is expected to pay a $0.50 dividend at the end of 1 period and is expected to have a price of $45.00 at the end of that period. What is the maximum price you are willing to pay assuming you require a 10% rate of return? P You paid $24 for a stock and, after one year, you received a dividend of $0.25 and the stock is valued at $28. What rate of return will you earn? 10. Suppose you are interested in a stock that is expected to pay a non-growing dividend of $1.50 and the required rate of return on the stock is 11%. What is the value of the stock? Po