Question 2 - Chipotle stock is trading at $1,300 per share. The company just paid a dividend of $2.69 and expects to pay a dividend of $2.88 next year. If dividends will continue to grow at this rate going forward, what is the required rate of return for Chipotle's stock? (5 points) 2.88 Required Return Dividend paid $ Dividend growth rate Price $ 188.00% 1,300.00 Required Return Question 3 - Amazon just paid a dividend of $4.02 per share. It plans to increase its dividends at 13% over the next three years, 7% over the following five years, and then 2% indefinitely after that. If the required return on Amazon stock is 16.2%, what is the stock worth itoday? Complete each of the items below to reach the final answer. (15 points.. Dividend growth rate - years 1-3 Dividend growth rate - years 4-8 Dividend growth rate - perpetual Required return Dividend (Just Paid) Calculate the Share Price: Year Growth Rate Dividend Present Value 1 2 3 4 5 6 7 8 9 10 11 12 Price at end of supernormal growth PV of supernormal growth price Price per share today