Question 7 of 40) Question 7 1 points Save Answer Jefferson's recently paid an annual dividend of $3 per share. The dividend is expected to decrease by 3% each year. How much should you pay for this stock today if your required return is 18% (in $ dollars)? Question 8 1 points Save Answer A stock is expected to pay dividends of 51.45 per share in Year 1 and 51.68 per stare in Year 2. After that, the dividend is expected to Increase by 35 annually. What is the current value of the stock at a discount rate of 15% in $ dollars)? Question 9 1 points Save Answer Sue purchased a stock for $45 a share, held it for one year, received a $2.34 dividend, and sold the stock for $46.45. What nominal rate of return did she earn? %