Problems. Using the Stock App on your iPad and the two formulas you learned, answer the following questions. Put down your inputs for partial credit (and to see what you did wrong if your answer is wrong). 1. Johnson Corporation's stock is currently selling at $45.83 per share. The last dividend paid was $2.50. Johnson is a constant growth firm. If investors require a return of 16% on Johnson's stock, what do they think the growth rate will be? (Use both the written formula and the app to calculate and check.) 2. Elephino Inc. plans to be a dividend on their stock of $3/ share forever. If investors expect a 12% return, what is the stock's value