Answer format: Percentage Fiound to: 2 decimal places (Erample: 9.24%, \% sign required. Wil accept decimal fomat rounded to 4 decimal places (0x:0,0924) The market price of a stock is $24.12 and it is expected to pay a dividend of $1.11 next year. The required rate of refurn is 11.18%. What is the expected growth rate of the dividend? Answer format: Percentage Round to: 2 decimal places (Examplo: 9.24%, \% sign required. Wil accept decimal format rounded to 4 decimal places fex: 0.0924N A stock just paid a dividend of $2.78. The dividend is expected to grow at 24.71% for three years and then grow at 4.93% thereatter. The required return on the stock is 14.41%. What is the value of the stock? Answer format: Currency: Found to: 2 decimal places. A stock just paid a dividend of $2.70. The dividend is expected to grow at 20.74% for five years and then grow at 4.18% thereattec. The required return on the stock is 13.43%. What is the value of the stock? Answer format: Curmency: Round to: 2 decimal places