se 'Business Finance(30) In November 2019 you purchase a 1 year Government bond with a $3,000 face value. The bond has an annual coupon rate of 4%, paid semi-annually. If the required rate of return is 9%, what is the price of the bond? Consider the following data Dividend per share 2 Earnings per share 7 Book value per share 23 Required: Calculate the expected growth rate in dividends (g) Medical Co. has just now paid a dividend of $8 per share (Divo); its dividends are expected to grow at a constant rate of 5 percent per year forever. If the required rate of return on the stock is 11 percent, what is the current value of the stock, after paying the dividend