CCR stock is currently trading for $12.92 per share. The firm is expected to pay a dividend of $0.50 per share in one year and to increase the dividend at 4.5% each year thereafter. Based on the Dividend Discount Model, what the the annual required rate of return for CCR stock? Answer as a \% to 2 decimal places (e.g., 12.34\% as 12.34). Answer: What is the estimated current pitse of a share of ABC Company stock based on the Dividend Discount Model? The annual required rate of return is 16.1%. ABC just paid their annual dividend of $4.31 a share and the expected growth rate of the dividend is 3% per year. Answer to the nearest penny