Goode Inc.'s stock has a required rate of return of 16%, and it sells for $67 per share. Goode's dividend is expected to grow at a constant rate of 3.6%. What is the next expected dividend, D1? $8.31 $7.81$7.31$8.81 $9.31 Mack Industries just paid a dividend of $3 per share (D0=$3). Analysts expect the company's dividend to grow 7 percent this year (D1=$3.21 ) and 6 percent next year. After two years the dividend is expected to grow at a constant rate of 6 percent. The required rate of return on the company's stock is 11 percent. What should be the company's current stock price? $64.20 $62.20 $60.20 $66.20 $68.20 McKenna Motors is expected to pay a $2 per-share dividend at the end of the year (D1 = \$2). The stock sells for $20 per share and its required rate of return is 21 percent. The dividend is expected to grow at a constant rate, g, forever. What is the growth rate, g, for this stock? \begin{tabular}{l} 11.00% \\ 11.50% \\ \hline 10.50% \\ \hline 10.00% \\ \hline 9.50% \end{tabular}