Suppose that the expected dividends of the stocks in a broad market index equaled $200 million when the discount rate was 10% and the expected growth rate of the dividends equaled 6%. Using the constant-growth formula for valuation, if discount rate increases to 11%, the value of the market will change by A. 0% B. 10% C. 20% D. 25% E. None of the above. In You are considering acquiring a common share of Nini Shopping Center Corporation that you would like to hold for 1 year. You expect to receive both $1.25 in dividends and $35 from the sale of the share at the end of the year. The maximum price you would pay for a share today is if you wanted to earn a 12% return. A. $31.25 B. $32.37 C. $38.47 D. $41.32 E. None of the above