Using the following information to answer questions 9-11: Company X just paid its annual dividend and its stock is currently traded at $50 (after the dividend payment). Investors expect next year's dividend to be $3, and their required rate of return is 11% (EAR). 9. Assuming Company X's dividend growth rate is constant forever, what is its dividend growth rate? A. 4% B. 5% C. 6% D. 7% 10. Assuming Company X's dividend growth rate is constant forever, how much stock is at equilibrium and dividend growth rate is constant forever, what is its stock price in 5 years from now? A. $50.00 B. $55.79 C. $63.81 D. $64.22