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anyone? 11) Assume that you plan to buy a share of ABC stock today and to hold it for 2 years. Your expectations are that

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11) Assume that you plan to buy a share of ABC stock today and to hold it for 2 years. Your expectations are that you will not receive a dividend at the end of Year 1, but you will receive a dividend of $19 at the end of Year 2. In addition, you expect to sell the stock for $171 at the end of Year 2. If your expected rate of return is 7%, how much should you be willing to pay for this stock today? 12) JED Utilities Corp just paid a dividend (Do) of $3.00 per share on its stock. The dividends are expected to grow at a constant 5% per year indefinitely. If investors require a 15% return on JED Utilities Corp stock, what is the current price (Po)

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