Tresnan Brothers is expected to pay a $3.00 per share dividend at the end of the year (i.e., D = $3.00). The dividend is expected to grow at a constant rate of 5% a year. The required rate of return on the stock, rs, is 11%. What is the stock's current value per share? Round your answer to the nearest cent. $ Farley Inc. has perpetual preferred stock outstanding that sells for $38 a share and pays a dividend of $4.00 at the end of each year. What is the required rate of return? Round your answer to two decimal places. Avondale Aeronautics has perpetual preferred stock outstanding with a par value of $100. The stock pays a quarterly dividend of $2.00 and its current price is $89. a. What is its nominal annual rate of return? Do not round intermediate calculations. Round your answer to two decimal places. % b. What is its effective annual rate of return? Do not round intermediate calculations. Round your answer to two decimal places. % A stock is expected to pay a dividend of $2.00 at the end of the year (i.e., D = $2.00), and it should continue to grow at a constant rate of 5% a year. If its required return is 12%, what is the stock's expected price 1 year from today? Do not round intermediate calculations. Round your answer to the nearest cent. $