Sanaponic, Inc. will pay a dividend of $6 for each of the next 3 years, $8 for each of the years 47, and $10 for the years 8-10. Thereafter, starting in year 11 , the company will pay a constant dividend of $8/year forever. If you require 18 percent rate of return on investments in this risk class, how much is this stock worth to you? A. $41.46 B. $34.54 C. $37.77 D. $55.99 E. $50.50 F. $45.68 QUESTION 18 You purchased a stock for $30 per share. The most recent dividend was $2.50 and dividends are expected to grow at a rate of 8% indefinitely. What is your required rate of return on the stock? A. 17.00% B. 18.38% C. 21.50% D. 17.64% E. 19.25% F. 20.27%