9. The last dividend paid by General Motors Company (GM) was $1.5, GM's annual dividend growth rate is expected to be 20 percent for 5 years, after which dividends are expected to grow at a rate of 4 percent forever. GM's required rate of return on equity (discount rate) is 12 percent. What should be the current price (intrinsic value) of GM$ common stock? (Two stage dividend growth model) 10. Netflix Inc. has outstanding bonds with an annual 8 percent coupon. The bonds have a par value of $1,000 and a price of $900. The bonds will mature in 10 years. What is the yield to maturity on the bonds? (YIELD TO MATURITY)