Due to the government approval subsidies, earnings and dividends in an agricultural company are expected to grow at a rate of 15% for the next 2 years. After this period, the firm is expected to resume growth at the industry average of 7% thereafter. The firm recently paid a dividend of $1 and the required return is 20%. What is the most you should pay for the company's stock?

a. $9.44

b. $7.56

c. 1.728

d. $8.18

e. none of the above

Which of the following is a measure of risk?

a. standard deviation

b.mean

c. skewness

d. kurtosis

e.none of the above