A share of common stock has a current price of 582.50 and is expected to grow at a constant rate of 10 percent. If you require a 14 percent rate of return, what is the current dividend on this stock? $4.75 $4.29 $3.81 $3.00 $6.13 What is the model called that determines the present value of a stock based on its next annual dividend, the dividend growth rate, and the applicable discount rate? capital pricing discounted dividend earnings capitalization zero growth dividend growth Which of the following is not true about bonds? In all of the statements, assume other things are held constant. A 20-year zero-coupon bond has less reinvestment rate risk than a 20-year coupon bopd. For any given maturity, a given percentage point increase in the interest rate causes a smaller dollar capital loss than the capital gain stemming from an identical decrease in the interest rate. Price sensitivity, that is, the change in price due to a given change in the required rate of return, increases as a bond's maturity increases. From a borrower's point of view, interest paid on bonds is tax-deductible. For a given bond of any maturity, a given percentage point increase in the interest rate (rd) causes a larger dollar capital loss than the capital gain stemming from an identical decrease in the interest rate