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Question 2 1 A stock will pay no dividends for the next 5 years. Then it will pay a dividend of $5 growing at 3%.

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Question 2 1 A stock will pay no dividends for the next 5 years. Then it will pay a dividend of $5 growing at 3%. The discount rate is 7%. What should be the current stock price? (Enter the answer in dollar format without $ sign or thousands comma -> 3519.23 and not $3,519.23 or 3,519.23) Question 2 1 pts Calculate the payoff of this scenario: You flip a coin, if it is Heads, you win $191; and if it is Tails, you lose $147

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