Question 1: Assume Panco Ltd has a current share price of $49.68 and will pay a $1.85 dividend in one year; its equity cost of capital is 11%. What price must you expect Panco shares to sell for immediately after the firm pays the dividend in one year to justify its current price? We can expect Panco shares to sell for $ (Round to the nearest cent.) Question 7: Rampart Corporation has a dividend yield of 1.6%. Its equity cost of capital is 7.1%, and its dividends are expected to grow at a constant rate. a. What is the expected growth rate of Rampart's dividends? b. What is the expected growth rate of Rampart's share price? Question 2: Telford Corporation has a current share price of $24.99 and is expected to pay a dividend of $0.80 in one year. Its expected share price right after paying that dividend is $26.82. a. What is Telford's equity cost of capital? b. How much of Telford's equity cost of capital is expected to be satisfied by dividend yield and how much by capital gain? ish (Australia) Focus