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Consider the following information: A company's dividend in one year is $1.00. The dividend is expected to increase at a constant rate of 2%. The

Consider the following information: A company's dividend in one year is $1.00. The dividend is expected to increase at a constant rate of 2%. The required return on this stock decreases from 12% to 10% Based on the above information: i) What is the current price of the stock? (1 mark) ii) What is the stock's price next year? (1 mark) ii) By how much will the stock's price change? (Express your answer in percent terms) (2 marks) iv) Which model (re: stock prices) is this question based on

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