Question 9 (3 points) Suppose a stock paid a dividend of $1.00 per share yesterday, has expected growth of 2% per year for the next two years and 4% growth per year after that, and has a required rate of return of 8%. What is the expected stock price today? $23.31 $24.58 $25.03 $22.90 Question 10 (3 points) A 30 year bond has an annual coupon rate of 11%, a par value of $1,000, semi- annual payments, and a market rate of 7%. The bond is selling at a discount. True False