Question 20 (0.8 points) Find the price of the following stock today. It is expected to pay out a dividend of $0.25 per share in one year. The expected stock price in one year is $31 per share and investors' expected return (also known as cost of equity and equity cost of capital) is 11%. Your Answer: Answer Question 17 (0.8 points) Saved Bavarian Sausage just issued a 5-year 8% coupon bond. The face value of the bond is $1,000 and the bond makes semiannual coupon payments. If the required return (yield to maturity) on the bond is 6%, what is the bond's price? Your Answer: 1085.30