The market price of a stock is $23.20 and it is expected to pay a dividend of $1.99 next year. The required rate of return is 11.70%. What is the expected growth rate of the dividend? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) A stock just paid a dividend of $2.52. The dividend is expected to grow at 21.09% for three years and then grow at 3.81% thereafter. The required return on the stock is 14.51%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places. A stock just paid a dividend of $1.55. The dividend is expected to grow at 26.64% for five years and then grow at 4.55% thereafter. The required return on the stock is 11.33%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places