Francis Inc.'s stock has a required rate of return of 10.25 %, and it sells for $87.50 per share. The dividend is expected to grow at a constant rate of 6.00% per year. What is the expected year-end dividend, D,? a. $2.79 b. $4.65 c. $3.16 d. $3.90 e. $3.72 O O Ackert Company's last dividend was $4.00. The dividend growth rate is expected to be constant at 1.5% for 2 years, after which dividends are expected to grow at a rate of 8.0 % forever. The firm's required return (rs) is 12.0 % . What is the best estimate of the current stock price? a. $87.00 b. $89.87 c. $95.61 d. $104.21 e. $80.31 Molen Inc. has an outstanding issue of perpetual preferred stock with an annual dividend of $2.00 per share. If the required return on this preferred stock is 6.5 %, at what price should the stoek sell? a. $38.15 b. $27.38 c. $23.38 d. $30.77 e. $32.92