Assume a corporation has just paid a dividend of $$2\mathrm{.}61$ per share. The dividend is expected to grow at a rate of $3\mathrm{.}5\%$ per year forever, and the discount rate is $9\mathrm{.}6\%.$ What is the Capital Gains yield of this stock?

Enter your answer as a percentage, rounded to $1$ decimal, and without the percentage sign. So$,$ if your answer is $0\mathrm{.}05678,$ just enter $5\mathrm{.}7.$

$12$

Question $11$

$14$ pts

A company has just paid a dividend of $2\mathrm{.}68$$$.$ Its discount rate is $9\mathrm{.}2\%,$ and the expected perpetual growth rate is $5\mathrm{.}2\%.$ What would you expect to be the stock's price IN ONE YEAR?

Enter your answer in terms of dollars, rounded to the nearest cent, and without the dollar sign $(\text{'}$ $ $\text{'}).$ So$,$ for example, if your answer is $$546\mathrm{.}3456,$ then enter $546\mathrm{.}35$