Question $5$

Bartlett Batteries Inc. just paid an annual dividend of

$$2\mathrm{.}39.$ If you expect a constant growth rate of $2\mathrm{.}3\%,$ it's

stock currently is trading at $$37\mathrm{.}12,$ what is the required

rate of return for Bartlett's stock?

Write in percentage return, round to two decimal

places. i$.$e$.,$ input $8\mathrm{.}45$ for $8\mathrm{.}45\%.$

Question $6$

Wallboard Inc, plans to pay a dividend in one year $($Div$1)$

of $$1\mathrm{.}16,$ the dividend growth rate $(g)$ is expected to be

$2\mathrm{.}63\%.$ It's stock currently is trading at $$62\mathrm{.}35,$ what is

the expected stock price $!$

in one year after it

just pays out the dividend of $$1\mathrm{.}16?($Round to cents,

e$.$g$.,$ input $28\mathrm{.}92$ for $$28\mathrm{.}92)$