The common stock of the Nicolas Corporation is currently selling at K80 per share. The leadership of the company intends to pay a K4 per share dividend next year. With the expectation that the dividend will grow at 5% perpetually, what will the market's required return on investment be for Nicolas common stock? ABC Company paid a K5 dividend last year and investors expect the dividends to grow at a 6% rate each year. If the Company's stock is currently priced at K50 per share, calculate the dividend yield and the capital gains yield. Investors require a 10 percent per year return on the stock of the Take-Two Corporation which anticipates a non-constant growth pattern for dividends. The company paid a K2 per share dividend. The dividend is expected to grow by 15 percent per year until the end of year 4 (i.e., for the next 3 years) and 7 percent thereafter. Calculate the value of the stock today.