Question: 2 points Save Answer QUESTION 7 Assume a stock paid a dividend of $2 recently, the expected dividend growth rate is 5% and its return

2 points Save Answer QUESTION 7 Assume a stock paid a dividend of $2 recently, the expected dividend growth rate is 5% and its return is 10%. What is the stock price 2 years from now (P2), under the discounted dividend model?round to nearest cents 2 points Save Answer QUESTION 8 Firm XYZ's preferred stock pays a dividend of $1.00 every semiannual. If the price of the stock is $45.50, what is its nominal (not effective) annual rate of return? enter percentage, round to 2 decimal places

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