QUESTION 12 "A stock is expected to pay $6 per share every year indefinitely. The current price of the stock is $400. The equity cost of capital for the company is 6%. What price would an investor be expected to pay per share 2 years into the future? Note: Express your answers in strictly numerical terms. For example, if the answer is $500, enter 500 as an answer. QUESTION 13 "Company Z is expected to pay a $2 dividend at the end of this year. You expect Company Z's dividend to grow by 44 per year forever, Company Z's equity cost of capital is 6% What is the value of a share of Company Z's stock? Note: Express your answers in strictly numerical terms. For example, if the answer is $500, enter 500 as an