^{Given the following information answer the questions below.}

Boodro Inc.

*Figure 1*

YearDividends ($)

20113.14

20102.91

20092.70

20082.50

20072.31

20062.14

The Market rate of return is 12%, the T-Bond rate is 6%. Boodro's Beta is 2.0. Using the CAPM and Gordon model, calculate the per share value of the stock.(See Figure 1.)

24. What is the required return for Boodro, Inc. (USE CAPM)?a. 16.5% b. 12%c. 18%d. None

25. What is the expected stock price (USE GORDON MODEL)?a. $39.88b. $25.34c. $33.91d. None