A stock is expected to pay a dividend of $1 at the end of the year. The required rate of return is 11%, and the expected growth rate is 5%. What is the current stock price?

2. A stock just paid a dividend of $1. The required rate of return is 11%, and the growth rate is 5%. What is the current stock price?

3. Mark Walker Inc. plans to issue preferred stock with a perpetual annual dividend of $1.5 per share and a par value of $20. If the required return on this stock is currently 7%, what should be the stocks market value?

4. A share of common stock has just paid a dividend of $2.00. If the expected long-run growth rate for this stock is 7%, and if investors require an 11% rate of return, what is the price of the stock?