Patience, Inc. Just paid a dividend of $3.05 per share on its stock. The dividends are expected to grow at a constant rate of 4.00 percent per year, Indefinitely. Assume investors require an 10.75 percent return on this stock. Requirement 1: What is the current price? (Select rounded answers as directed, but do not use the rounded numbers in intermediate calculations.) $46.99 $20.68 $45.19 $21.51 $51.69 Requirement 2: (a)What will the price be ir 5 years? (Select rounded answers as directed, but do no use the rounded numbers in intermediate calculations.) $62.89 $54.97 $24.19 $26.61 Chapter 7) Saved UBE Le Vurucu mului HILETTURALE COLMICILIUS.) $62.89 $54.97 $24.19 $26.61 $5717 (b)What will the price be in 13 years? (Select rounded answers as directed, use the rounded numbers in intermediate calculations.) not $86.06 $75.23 $33.11 $36.42 $78.24