Question 1 1 pts Ms. Manners Catering (MMC) has paid a constant $1.77 per share dividend to its common stockholders for the past 25 years. MMC expects the next dividend to increase at a constant rate equal to 7 percent per year into perpetuity. Investors require a 12 percent rate of return to purchase MMC's common stock. What is the market value of MMC's common stock? * DO NOT ROUND INTERMEDIATE VALUES, NO CREDIT WILL BE GIVEN FINAL ANSWER IN DOLLARS, ROUNDED TO TWO DECIMAL PLACES * Question 2 1 pts Hawkeye Mining Corp. is close to exhausting its current mining resources. Consequently, the firm's earnings and dividends are expected to decline at a constant rate of 4.1% per year. The most recent dividend was $1.8 and the required return on the stock is 9.00%. The current price of the stock should be $___---- DO NOT ROUND INTERMEDIATE VALUES, NO CREDIT WILL BE GIVEN * FINAL ANSWER IN DOLLARS, ROUNDED TO TWO DECIMAL PLACES 1