9/14 100% + c) A share pays a dividend of $2 each year. The dividend will not change for the foreseeable future. If the share will be worth $60 in 2 years for an investor. Calculate the rate of return p.a. for this investor. Round your answer to the nearest 0.01% (2 marks) d) A share just paid a dividend of $2.40 yesterday. Dividends will be paid each year and remain unchanged until the end of year 10. After that, the annual dividend is expected to grow at a constant growth rate of 2.5% p.a. for the foreseeable future. Calculate the share price today if the rate of return is 10% p.a. effective. Round your answer to the nearest cent. (4 marks)