Given the same expected return, the ______ the standard deviation, the tighter the probability distribution and accordingly, the ______ the risk.

A share of common stock just paid a dividend of $1 (D_o = $1). If the expected long-run growth rate for this stock is 5.4%, and if investors' required rate of return is 11.4%, what is the stock price per share today?

A company's common stock currently sells for $32 per share. The dividend is projected to increase at a constant rate of 5% per year. The required rate of return on the common stock is 8%. What is the stock's expected price per share 2 years from today?