Question: please answer 4 and 5 Question 4 1 pts Miller Brothers Hardware paid an annual dividend of $1.35 per share last month. Today, the company

please answer 4 and 5

Question 4 1 pts Miller Brothers Hardware paid an annual dividend of $1.35 per share last month. Today, the company announced that future dividends will be increasing by 3 percent annually. If you require a 18.2 percent rate of return, how much are you willing to pay to purchase one share of this stock today? $9.15 59.14 $9.87 $9.27 Question 5 1 pts The common stock Dr Auto Deliveries sells for $28.94 a share. The stock is expected to pay $2.25 per share next year when the annual dividend is distributed. The firm has established a pattern of increasing its dividends by 2 percent annually and expects to continue doing so. What is the market rate of return on this stock? 9.77% 9.42% 9.07% 9.84%

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