Question 36 (1 point) Which of the following is the most correct assumption made in the constant growth model for common stock valuation? 1) A constant growth in firm sale 2) A constant growth in firm size 3) A constant growth in firm asset 4) A constant growth in dividend Question 37 (1 point) Waters Corporation's stock dividend is expected to be 52 a share (D1 - $2.00). The stock's required rate of return is 15% and the stock's dividend is expected to grow at the same constant rate of 5% forever. What is the expected price of the stock five years from now? O 1) $25.53 2) $28.45 3) $30.82 04) $23.26 Question 38 (1 point) Anderson Inc.'s current dividend is $2.40 per share lie. Do - $2.40). The dividend is expected to grow at a rate of 6 percent per year. The risk-free rate is 5 percent and the return on the market is 9 percent. If the company's beta is 1.3, what is the price of the stock today? 11 572.14 2) 557.14 31 540.00 04 560.57