Times New 12 A A A A. AA Styles PART II Solve all problems for a total of 70 points. Show all your work. 1. You are considering the purchase of a stock that just paid a dividend of $1.00 per har You expect this stock to have a growth rate of 30 percent for the next 2 years, and a long nun normal growth rate of 6 percent thereafter. The risk free-rate is 2 percent, the on the market is 10 percent, and the company has a beta of 1. What is the music price you are willing to pay for this weck? (30 Pelit @