Examine the following stock quote for Citigroup: The expected growth rate of Citigroup's dividends is 7 percent per year. According to the constant-growth dividend model, what is the stock's required return? Assume that the annual dividend of $1.30 was paid yesterday. Consider the stock of Davidson Company, which will pay an annual dividend of $2 one year from today. The dividend will grow at a constant annual rate of 5 percent, forever. The market requires a 12-percent return on the company's stock. What is the current price of a share of the stock ? What will the market stock price be in 10 years