Zenith Inc. is expected to pay a dividend of $4 exactly a year from now (D) and is expected to have a resale price of $100 at that time, after the dividend is pald, If the cost of equity for Zenith is 30%, the current price of the stock must be a) $ 86.67 b) $ 83.20 d) $ 90.43 d) $ 80.00 e) $ 94.55 Question 11 (6.6667 points) The Connors Company's last dividend was $3.00. Its dividend growth rate is expected to be constant at 15% for 2 years, after which dividends are expected to grow at a rate of 10%, per year, forever. Connors' required return (rs) is 25%. What is Connors' current stock price? a) $19.96 b) $23.91