Question 5 1 pts You will invest in a constant-growth stock that pays annual dividends with a dividend growth rate of 3.50%. The required rate of return is 15.00%. The stock is set to pay a dividend of $7.00 next year. What is the price of the stock based on the Dividend Growth Model? S62.09 S58.44 O S60.87 S62.70 O S70.00 Question 4 1 pts A company just paid an annual dividend of Do = $7.00 for its stock. Company's dividends are expected to grow by 70% in the first year, by 25% in Year 2, by 18% in Year 3 and at a constant rate of 4% in Year 4 and thereafter. The required return on this stock is 10%. What is the stock's current value? $278.1 S259.6 S280.8 S264.9 O $254.3