Question 5 (1 point) You are considering buying common stock in Grow On, Inc. You have projected that the next dividend the company will pay will equal $7.70 and that dividends will grow at a rate of 5.0% per year thereafter. If you would want an annual return of 19.0% to invest in this stock, what is the most you should pay for the stock now? $40.53 $57.75 $55.00 $42.55 $60.09 Question 6 (1 point) You are considering buying common stock in Grow On, Inc. You have projected that the next dividend the company will pay will equal $6.90 and that dividends will grow at a rate of 7.0% per year thereafter. The firm's beta is 1.01, the risk-free rate is 7.7%, and the market return is 13.8%. What is the most you should pay for the stock now? $109.89 $107.62 $49.78 $53.27 $100.58