QUESTION 15 A stock just paid a $1 dividend, which is expected to grow at 25% for 2 years, then stabilize at 8%. If the required rate of return is 13%, what is the price of the stock? 28.76 36.56 27.65 QUESTION 16 A stock just paid a $.30 dividend, which is expected to grow at 30% for 2 years and then stabilize at 7% growth forever. If the required rate of return is 12%, a share of the stock should cost... 11.36 9.40 9.05