BBA Company issued stocks that pay a dividend of $2 and the dividends do not expect to grow. What is the price of this stock if the discount rate is 10%? 2. Twister Cheese Corporation will pay a dividend of $2.00, $3.25, $4.00, and $3.00 during the next four years. You expect the stock price at the end of year four equal to $54. If the discount rate is 12%, what is the value of stock today? 3. The Hedless Corp. has just paid a dividend of $3 per share. The dividend grows at a steady rate of 8 percent per year. What will the dividend be in 5 years? What is the price of stock today? What is the stock price three years from now? 4. Stock in Lockwood Corp. is selling for $60 per share and has a year-end dividend of $4 per share. The dividend is expected to grow at a constant rate of 4%, what is the required rate of return on this stock?