Please help, please show work! Thank you! The solutions are given, just need help understanding and computing the work

17. C 18. D

od Sodo A firm is currently experiencing troublesome times. the last dividend paid was $4.00, and is expected to decline at a rate of 5% per year into the foreseeable future. If investors require a 10% return, what will the stock price be in 3 years (P3)? $17.05 $19.50 $21.72 $23.50 $25.05 18. To encourage your interest in finance, your parents give you some money to invest in the stock market. Return on the risk free asset is 5% and return on the market is 13% Company Number of shares Market Price B Golf-All-Day Moonlight Snorkel Cramp Specialist 200 shares 500 shares 400 shares $12 per share $5 per share $18 per share 1.0 1.5 2.5 od Sodo What is the expected return of your portfolio? 13% 17% 19% 21% 25%