The central bank usually acts as a lender of last resort. Explain what this means and evaluate the arguments for and against the central bank in playing this role. (30 marks) B. A $2.00 dividend was paid on a stock, last year. Dividends for this share is expected to grow at 6% per year. You expect the stock price to be $30 at the end of Year 2. What is the stocks value today if you expect to earn a 10% return on this investment? Show your workings clearly.