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Ocean Holding Corp.'s expected year-end dividend (D1) is $4.00, and its required return is 11%. The company's dividend yield is 5.7%, and its growth rate

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Ocean Holding Corp.'s expected year-end dividend (D1) is $4.00, and its required return is 11%. The company's dividend yield is 5.7%, and its growth rate is expected to be constant in the future. What is the frm's stock price? Your answer should be between 42.36 and 108.62 , rounded to 2 decimal places, with no special characters. Gray Manufacturing is expected to pay a dividend of $1.25 per share at the end of the year (D1=$1.25). The stock sells for $27.50 per share, and its required rate of return is 12.3%. The dividend is expected to grow at some constant rate (g) forever. What is the expected growth rate? Your answer should be between 3.22 and 8.78 , rounded to 2 decimal places, with no special characters

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