A stock has the required rate of return at 10%. The most recent dividend paid D0 = $2.00 and the expected dividend growth rate g = 5%. What's the first dividend expected to pay at the end of this year?_____

		$2.00
		$2.10
		$2.20
		$2.50

Based on Question 48, What's the estimated value of the stock?_____

		$36.2
		$39.8
		$42.0
		$36.7

Based on Question 48 and 49, if the current stock price on the stock market is $52.28 per share, we should give a _____ recommendation to the stock.

		Buy
		Hold
		Sell