9. A common stock has just paid a dividend of $2.80/share. The dividend is expected to grow at an average growth rate of 3.60% per year in the foreseeable future. The required rate of return on the stock is 15.20%. What is the maximum price a potential investor should be willing to pay for this stock? 10. A common stock is expected to pay its first dividend of $1.86/share four years from today. That dividend is expected to grow at 5.20% per year in perpetuity. The required rate of return on the stock is 13.60%. Calculate the value of the stock today