A stock just paid a dividend of $2.50 (i.e., D0=2.50 ). An investor expects that the dividend will grow at 25% annually for the next two years and 4% forever thereafter. Assuming a discount rate of 13%, this stock is worth $. 1) 48.69 2) None of the given answers for this question are within $0.10 of the correct answer. 3) 45.98 4) 37.33 5) 39.26 6) 41.18 Alan \& Company just paid a dividend of $2.80 today (i.e., D0=2.80). Its required rate of return is 12.4%. If the market expects that the dividend will grow at a constant rate of 4% per year forever, Alan \& Company's stock should sell for $ today. 1) 33.09 2) 32.64 3) None of the given answers for this question are within $0.10 of the correct answer. 4) 33.82 5) 35.51 6) 36.74