Burke Tires just paid a dividend of D0=$3.50. Analysts expect the company's dividend to grow by 30% this year, by 10% in Year 2, and at a constant rate of 5% in Year 3 and thereafter. The required return on this low-risk stock is 9.00%. What is the best estimate of the stock's current market value? Select the correct answer. a. $119.32 b. $119.67 c. $118.97 d. $118.62 e. $118.27 Connolly Co.'s expected year-end dividend is D1=$5.00, its required return is rs=11.00%, its dividend yield is 6.00%, and its growth rate is expected to be constant in the future. What is Connolly's expected stock price in 7 years, i.e., what is P^7 ? Select the correct answer. a. $115.73 b. $116.75 c. $117.26 d. $117.77 e. $116.24