Question 47 1 pts Mortgage Instruments Inc. is expected to pay dividends of $1.03 next year. The company just paid a dividend of $1. This growth rate is expected to continue. How much should be paid for Mortgage Instruments stock just after the dividend if the appropriate discount rate is 5%. O $20.00 $21.50 $34.75 $50.00 551.50 Question 48 1 pts The value of common stock today depends on the expected future: O Holding period and the discount rate. O Dividends and the capital gains Dividends, capital gains and the discount rate. Holding period and capital gains None of the above