What is the value of a share of stock today if the dividend a year from now is $5.00, the required rate of return on the stock is 12% and the dividend growth rate is 2% a. 540.00 b. $50.00 c. $60.00 QUESTION 97 0.59 points Save Answer What is the value of a share of stock with non- constant growth in dividends, and dividend present values of $7.21. $10.15 and $12.43 for the next three years? a. $59.38 b. $29.79 c. $12.43 QUESTION 98 0.50 points Save Answer If the present value of the dividends in a non-constant growth period is $24.80 and the present value of the dividends in the constant growth period thereafter is $26.22, the price of the stock today is: a $24.80 b. 526.22 c. $51.02 QUESTION 99 0.59 points Save Answer The Price/Earnings multiple for ratio) is used to determine the price of a share of stock when: a. The stock is not paying a dividend b. The stock is priced below the book value of the stock c. The fundamental price of the stock is higher than the market value of the stock Click Save and Submit to sae and submit. Click Save All Answers to save all answers