Part 3 Use the Gordon growth model to answer the following questions: 1. A company's stock currently sells for $50 a share. The discount interest rate is 14%. If the company maintains a constant 8% growth rate in dividends, what was the most recent dividend per share paid on stock? (5 points) 2. A company pays a dividend this year of $10 per share. The required rate of return for its stock is 5% and the current price per share is $420. If investors expect the company's dividend to increase at a constant rate g forever, what is g? (5 points) 3. Which parameters of the Gordon growth model's formula should be affected by expansionary monetary policy and in which direction? Explain your answers (5 points)