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Question 7 3.34 pts CMST Corp.just paid a dividend of $2.00 per share. Management has stated that they plan to make annual dividend increases of

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Question 7 3.34 pts CMST Corp.just paid a dividend of $2.00 per share. Management has stated that they plan to make annual dividend increases of 4.0% indefinitely. Investors require a rate of return on CMST's stock of 10.5%. What is CMST's stock in four years price? $46.79 O $19.05 O $37.44 $36.00 3.34 pts Question 8 Thought Co. Inc. is a fast growing technology company. The company just paid its first dividend of $1.00 per share. Given its rapid growth it expects to have the following annual dividend increases: Years 1 and 2 25% Years 3, 4 and 5 15% Thereafter a constant rate of 5% Investors believe the company to be risky and require a rate of return of 16% on its stock. What is the company's current share price? O $17.70 O $16.46 $17.06 O $15.95

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