QUESTION 9 If a stock JUST PAID dividends of $1.25 and I expect it to grow at a constant 6%, what price would I pay for the dividends if my required rate of return on equity is 11%? 12.04 25.00 26.50 QUESTION 10 A stock is expected to pay a $.50 dividend next year, which is expected to grow at a steady 5% per year. If the discount rate is 8%, the stock is worth... 6.25 16.67 17.50