QUESTION 9 "Company C pays a dividend of $5 per share and is expected to pay this amount indefinitely. The equity cost of capital is 10%. What is the price of the stock? Note: Express your answers in strictly numerical terms. For example, if the answer is $500, enter 500 as an answer."

QUESTION 10 "A stock is bought for $59 and sold for $62 1 year later, immediately after it has paid a dividend of $3. What is the capital gain rate for this transaction? Note: Express your answers in strictly numerical terms. For example, if the answer is 5%, enter 0.05 as an answer."