Consider the following hypothetical stock example. The current price of a stock is $50.00. Again, do not drop out the future selling price from your present value or dividend calculations. a) If dividends are expected to be $1 per share for the next 5 years, and your required return is 10%, what should the stock price be in 5 years when you plan to sell it? b) If the dividend and required return remain the same as in (a) but the stock price is expected to increase by $10 5 years from now, does the current stock price increase by $10? Why or why not? What is the new current stock price? c) Now assume the market is like it was in part (a). How does the future price change if you think instead of a fixed dividend of $1 a year, it will be an initial dividend of $1 per year growing at a rate of 5 percent each year?