Use the following information for the next 2 questions:

Seashells Inc. just paid $4 dividends per share; it was $2.65 seven years ago. Assuming a constant dividend growth rate and 10% required return.

What is the dividend growth rate?

	7.33%
	4.25%
	6.06%
	9.21%

What should be the stock price of Seashells?

	$108
	$83
	$97
	$64