P-27: Common stock value (LO10-5) Stagnant Iron and Steel currently pays a $12.25 annual cash dividend (D, The company plans to maintain the dividend at this level for the foreseeable future as no future growth is anticipated. If the required rate of return by common stockholders (Ke) is 18 percent, what is the price of the common stock? P-28: Common stock value (L010-5) BioScience inc, will pay a common stock dividend of $3.20 at the end of the year (D3). The required return on common stock (Ke) is 14 percent. The firm has a constant growth rate (g) of 9 percent. Compute the current price of the stock (P0). P-32. Common stock required rate of return (LO10-5) A firm pays a $4.80 dividend at the end of year one (D, ), has a stock price of $80, and a constant growth rate (g) of 5 percent. Compute the required rate of return (Ke)