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on Answer the following questions: a. The price of a stock when you sell it in a year is predicted to be $65. If

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on Answer the following questions: a. The price of a stock when you sell it in a year is predicted to be $65. If dividend is expected to be $1.5 next year, and the required return is 4.5%, what should be the price of the stock today? b. You believe that a corporation's dividends will grow 5 percent on average into the foreseeable future. If the yearly dividend payment is $2, assuming a 4 percent required return, what is the price of the stock today? A B I T: Ff 85

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