PLEASE HELP.

1. Which of the following increases the price an investor is willing to pay for stock?

The investor increases his estimate of the constant growth rate for dividends.

The investor decreases his estimate of the constant growth rate for dividends

The investor increases his estimate of the required rate of return

The investor assumes a higher beta for the stock

2. Which of the following is not one of the steps in using discounted cash flow to value a company?

Estimate the amount and timing of the future stream of cash flows

Estimate an appropriate discount rate

Use a present value model to calculate an intrinsic value

Compare the intrinsic value to the relative value metric

3. Carl is evaluating a stock that just paid a dividend of $2.00 per share. He expects this dividend to grow by 4% per year, and he has determined that 11% is the appropriate required return. What is the most he should pay for the stock?

$18.18 $18.91

$28.57 $29.71

4. When building a portfolio, what are the two basic components of an investors investment decision?

Risk and return

Buying and selling

Cash flows and capital gains

Asset allocation and security selection