Question: 5 & 6 please Question 5 2 pts A stock is expected to pay a dividend next year of $1.9. The dividend amount is expected
Question 5 2 pts A stock is expected to pay a dividend next year of $1.9. The dividend amount is expected to grow at an annual rate of 5.7% indefinitely. Assuming a required return on the stock of 9.9% in the future, the dividend yield on the stock is __%. Do not round any intermediate work, but round your final answer to 2 decimal places (ex: 12.34567% should be entered as 12.35). Margin of error for correct responses: +/-.05. Question 6 2 pts A stock is expected to pay a dividend of $1.0 one year from now, $1.9 two years from now, and $2.3 three years from now. The growth rate in dividends after that point is expected to be 8% annually. The required return on the stock is 14%. The estimated price per share of the stock six years from now should be $_ Do not round any intermediate work, but round your final answer to 2 decimal places (ex: $12.34567 should be entered as 12.35). Margin of error for correct responses: +/- 10
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