A stock is expected to pay a dividend of $0.75 at the end of the year. The required rate of return is rS=10.5%, and the expected constant growth rate is g=8.2%. What is the stock's current price? a. $32.61 b. $27.39 c. $27.07 d. 529.02 e. $38.80 Based on the corporate valuation model, Morgan Inc.'s total corporate value is $200 million. The balance sheet shows $90 million of notes payable, $30 million of long-term debt, $40 million of preferred stock, and \$10o million of common equity. The company 10 million shares of stock outstanding. What is the best estimate of the stock's price per share? a. $4.00 b. $3.88 c. 53.36 d. 54.12 e. $3.80