NAME: Problem 5 a. Meriwether, Gotham & Co. has stock that is selling for $30/share. The stock's last dividend was Do = $1.20. The dividend is expected to grow at 5% per year indefinitely. What is the expected stock price one year from now? i. What is the estimated required rate of return on the stock? b. Vaughn-McCallum, Inc. has preferred stock with an annual dividend of S11 per share. The preferred shares sell for $130. What is the stock's required rate of return? C. Feldon, Inc. has never paid a dividend. Its current free cash flow of $750,000 is expected to grow at a constant rate of 8%. The weighted average cost of capital is WACC=10%. Calculate Feldon's estimated value of operations