Hackworth Company's common stock just paid a dividend of $8.25 at the end of last year. If investors require a 20% retum and the annual growth rate in dividends is expected to be 12% in the foreseeable future, what should the market price of the stock be? Round to two decimal places. Ashode Corp. common stock currently sells in the open market for $16.75. The stock is expected to pay a dividendof $2.25 per share at the end of next year, which are expected to grow at a constant rate of 5% indefinitely. What is the expected rate of return on Ashode common stock? Submit your answer as a percentage and round to two decimal places. Thermopurr Corp.just issued a series of 25-year $1,000 par bonds. The bonds pay 7.5% interest on an annual basis. If the market's required rate of return is 6.5%, how much should these bonds sell for today? Round to two decimal places. (i) Describe and interpret the assumptions related to the problem. (ii) Apply the appropriate mathematical model to solve the problem (iii) Calculate the correct solution to the