Could you please answer these questions step by step using a formula if necessary, if you are using a financial calculator please let me know the inputs and how did you use the calculator 12) Flo Company has just paid a cash dividend of $2.50 per share. If dividends are expected to grow at a rate of 5% per year, and investors require a 12% rate of return on Flo Company shares, what is the expected value of a share today? 11) Your grandfather wishes to set up a permanent scholarship paying $5,000 per annum, at the beginning of each year, for an eligible country student studying agriculture. How much would he need to invest if the interest on this type of investment is 13% compounded monthly? 10) Micro's irredeemable preference shares are selling for $82.50 each and pay $3.25 in dividends every six months. What is your effective annual expected rate of return if these securities are purchased at the market value