Question 4 a-ED Systems is expected to pay a dividend of $1.5 per share at the end of the year. The stock sells for $21.5, and the required rate of return is 7.5%. Calculate the dividend growth rate, B, that is expected to last forever b-FCS company has paid dividend of 1.5 per share last year, and that dividend is expected to grow at a constant rate of 5.5% per year in the future. The company's beta is 1.5, the return on the market is 9.5% and the risk-free rate is 4%. What is the company's current stock price?|