1. If the expected dividend one year from now is $2, and it is expected to grow...

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1. If the expected dividend one year from now is $2, and it is expected to grow 6% per annum what is the price of the stock if the appropriate discount rate is 15%? 2. Find the present value of receiving $100 per year for ten years beginning in year 11, assuming an interest rate of 6%. (15 points)