a.In dollars and cents, what is the fair value of a stock that has just paid a dividend of $8.73, which is expected to grow indefinitely at 1.23%pa, and that has a cost of capital of 14.65%?

b. If the expected future dividend yield of a stock is 14.57% and the stocks cost of capital is 16.58%, what is its expected growth rate in percentage terms to 2 decimal places?

c. If a stock with an expected infinite growth rate of 2.14%pa is trading at $47.32, what must its cost of capital be, in percentage terms to 2 decimal places, to justify the assumption of the next dividend being $4.87?

d. In dollars and cents, what is the maximum you would pay for a company that generated profits of $2.94 per share on its 350million shares from which it paid a dividend of $2.15 per share and has equity capital of $8.25bn if its cost of capital is 12.55%?