Question: QUESTION 13 A stock is expected to pay a $0.50 dividend next year, and grow at 30% for 3 more years before stabilizing at 6%

QUESTION 13 A stock is expected to pay a $0.50 dividend next year, and grow at 30% for 3 more years before stabilizing at 6% constant growth. If the required return on equity is 10%, the stock's price is... 29.11 20.63 22.26 QUESTION 14 A stock is expected to shrink its dividends by 3% every year, from the current $3.00 dividend. If the required rate of return is 10%, the price of the stock is... 22.38 41.57 23.07

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