Questions $1$: William Brown is interested in buying the stock of First National Bank. While the bank's management expects no growth in the near future, William is attracted by the dividend income. Last year the bank paid a dividend of $$5\mathrm{.}80.$ If William requires a return of $13$ percent on such stocks, what is the maximum price he should be willing to pay for a share of the bank's stock? $($Round answer to $2$ decimal places, e$.$g$.15\mathrm{.}25.)$

Maximum price $

Question $2$: Each quarter, Blossom, Inc., pays a dividend on its perpetual preferred stock. Today the stock is selling at $$64\mathrm{.}00.$ If the required rate of return for such stocks is $14\mathrm{.}0$ percent, what is the quarterly dividend paid by Blossom? $($Round answer to $2$ decimal places, e$.$g$.15\mathrm{.}25.)$

Quarterly dividend paid $

Question $3$: The current stock price of Blossom, Inc., is $$42\mathrm{.}90.$ If the required rate of return is $30$ percent, what is the dividend paid by this firm if the dividend is not expected to grow in the future? $($Round answer to $2$ decimal places, e$.$g$.15\mathrm{.}25.)$

Dividend paid $