Marble Corporation's ROE is 20%. Their dividend payout ratio is 40%. The last dividend, just paid, was $3. If dividends are expected to grow by the company's sustainable growth rate indefinitely, what is the current value of Marble common stock if your required return is 20%? The Shiraz common stock is expected to pay $4 in dividends this year. . Dividends are expected to grow at an 8 percent annual rate for an indefinite number of years. a. If Shiraz's current market price is $40, what is the stocks expected rate of return? b. If your required rate of return is 13 percent, what is the value of the stock for you? c. Should you make the investment? You intend to purchase Mesa's common stock at $50 per share, hold it for one year, and sell it after a dividend of $4 is paid at the end of the year. How much will the stock price have to appreciate for you to satisfy your required rate of return of 15 percent