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Use a formula or a financial calculator to get the answers and please show the steps Question 16 1 points ABC corp paid an annual

Use a formula or a financial calculator to get the answers and please show the steps
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Question 16 1 points ABC corp paid an annual dividend of 51.42 a share last month. The company is planning on paying $1.50, 51.75, and 51.0 a share over the next years, respectively. After that, the dividend will be constant at 12 per share per year. What is the market price of this stock if the market rate of return is 10.5 percent $15.98 $16.07 $18.24 21.16 12410 Question 19 1 points Save ABC corp is downsving. The company paid a 52.80 annual dividend last year. The company has announced plans to lower the dividend by 25 percent each year. You have a required rate of return of 155 percent on this particular stock given the company's station. What are your shares in this form worth today on a per share basis? $22.11 SR. 68 56.91 $19.29 55.19

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