2. (a) Calculate the current price of Patience, Inc. stock that is expected to pay a...

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2. (a) Calculate the current price of Patience, Inc. stock that is expected to pay a dividend of $4/share at the each year from year 33 through year 61, given a discount rate of 5%. This stock is not expected to pay an dends before, nor any dividends after, this range of dividend payments. (b) What do you estimate that the price will be for Patience, Inc. stock 30 years from now (ie., at t=30)? 2. (a) Calculate the current price of Patience, Inc. stock that is expected to pay a dividend of $4/share at the each year from year 33 through year 61, given a discount rate of 5%. This stock is not expected to pay an dends before, nor any dividends after, this range of dividend payments. (b) What do you estimate that the price will be for Patience, Inc. stock 30 years from now (ie., at t=30)?