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Johnny's Junk is a mature firm in the junk hauling industry. The firm's most recent common stock dividend was $2.75 per share. Because of its maturity as well as its stable sales and earnings, the firm's management feels that dividends will grow at a constant rate of 2.5% for the foreseeable future. a. If the required return is 13%, what will be the value of Johnny's common stock? b. If the firm's risk as perceived by market participants suddenly falls, causing the required return to fall to 11%, what will be the common stock value? C. Judging on the basis of your findings in parts a and b, what impact does risk have on value? Explain