a) What is the value of a stock that is expected to pay a constant dividend of $2 per year forever if the required return is 15% ? b) What if the company starts increasing dividends by 4% per year for forever, beginning with the next dividend? The required retum stays at 15%. c) Based on part b), what is the Dividend Yield (DY) and what is the Capital Gains Yield (CGY) for this company? Nano Seconds is just paid an annual dividend of $1.00 a share. The dividends are expected to increase by 50 percent per year for the following three years. After the three years the company will maintain a constant dividend growth rate of 4 percent per year. What is the value of this stock today if the required return is 14 percent