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9. Stock Y just paid a dividend of $4.20. If the stock sells for $100, and if you expect the stock to grow at 3%

9. Stock Y just paid a dividend of $4.20. If the stock sells for $100, and if you expect the stock to grow at 3% per year indefinitely, what is your required rate of return on equity? 10. You expect Stock A to pay a dividend of $5. If the stock sells for $60, and if you require a 12% return on equity, what is the expected dividend growth rate? 11. Stock B sells for $300. You expect its dividends to grow at 4% indefinitely, and you require an 11% return on your equity investment. What was the most recent dividend?

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