Top hedge fund manager Sally Buffit believes that a stock with the same market risk as the 58P500 will sell at year-end at a price of $50. The stock will pay a dividend at year-end of $2. Assume that risk-free Treasury securities currently offer an interest rate of 2%. Average rates of return on Treasury bills, govemment bonds, and common stocks, 1900 -2017 (figures in percent per year) are as follows. 6. What is the d scount rate on the stock? (Enter your answer at a percent rounded to 2 decimal ploces.) b. What brice shoud she be wiling to pay for the stock today? (Do not round Intermediate calculotions. Round your onswer to 2 . decimol plocet.)