Suppose a stock is expected to pay a $1.75 dividend every year in perpetuity and the required return is 12% with annual compounding. What is the price of this stock? (10 points) Suppose FinTech, Inc. just paid a dividend of $0.75 per share. It is expected to increase its dividend by 2.5% per year indefinitely. If the market requires a return of 10.5% on assets of this risk, how much should the stock be selling for? (15 points)