Consider a stock that is expected to pay $2 dividends next year, $3 dividends in 2 years, $4 dividends in 3 years, and, after that, the dividends are expected to grow at a constant rate of 6% per year forever. The stock's required return is 14%. Find the current stock price.

Question 9 options:

	$42.54
	$37.81
	$47.29
	$44.16

Q.10 Find the capital gain yield (rounded to the nearest percent) during the first year.

	6%
	8%
	9%
	14%

Q11.Find the dividend yield during the seventh year.

	6%
	8%
	9%
	14%