QUESTION 15 Assumestock XYZ will pay no dividends until 9 years from today. In 9 years they will pay a 3 dividend growing at per year forever, Avsuming 12 discount rate wat price would you assign XYZ stock today to the nearest penny QUESTION 16 You receive a flier from a lithium commodity broker. It show that historical returns on lithium bave been 30% per year on average for the last year. The covariance of lithium with the market is 03, the standard deviation of the market is 20. The risk-free rate is 1.0% the expected return of the market is 8. What are your expected retums from investing in lithium? 5.0 6.25 7.OM 119 30%