(Estimated time allowance: 10 minutes) ECC Corp. will pay annual dividends of $18 per share for the next 6 years. At the end of year 7,ECC will increase the dividends by 1% per year forever. The required rate of return on this stock is 8 percent. What is the price of the stock today? When you enter your answer, do not enter the \$ sign, DO NOT USE commas to separate thousands. Use 2 decimals and round your answer to the nearest cent. For example, if your result is $85.873 then enter 85.87 (Estimated time allowance: 17 minutes) EarlyOne Inc. is start-up company and therefore is not paying dividends for the next 8 years. At the following year, EarlyOne will start paying an annual dividend of $6 per share per year until year 11. Thereafter, it will increase the dividends by 3% per year forever. If the required rate of return on this stock is 10%, what is the price of this stock today? Do not use the \$ sign. DO NOT USE commas to separate thousands. Use two decimals and round to the nearest cent. For example if you obtain $1,432.728 then enter 1432.72 ; if you obtain $432 then enter 432.00