part 1. what is the current value of a share of filets if its current dividend is $1.80 and dividends are expected to grow at an annual rate of 12 perfent for the next 5 years? assume the investor had a required rate of return of 18 percent and expects to sell the secuirty in 5 years for $60.

A. $30.49

B. $34.49

C. $44.33

D. $39.34

part 2. ginseng inc is expected to pay a dividend of $1.25 per share at the end of the year. the stock sells for $20.50 per share, and its required rate of return is 10.5%. the dividend is expected to grow at some constant rate, g, forever. what is the implied growth rate?

A. 3.90%

B. 4.40%

C. 5.62%

D. 4.94%