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We have the following information regarding a share: - dividend per share is $ 457 - dividend payout ratio is 55% - the return on

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We have the following information regarding a share: - dividend per share is $ 457 - dividend payout ratio is 55% - the return on new investments is 5.6% expected return of the stock is 8.7 % What is the growth rate of this stock? (Give the answer in percentage with 2 decimals, e.g. 12.42% shold be given as 12.42) Answer: What is the price of this stock? (Give the answer with 1 decimal, e.g. 124.2)

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