The following two years. Both questions provide the same data, but ask for different responses. formation questions relate to Church, Inc., whose dividends are expected to grow at a nonconstant rate over the next several P Fiag question Church Inc. is presenty earnings and dividends to grow at a rate f2.9% for the next 4 years, after which competition will probably reduce the rth rate n earnings and dividends to zero, i.e., g -0. The company's most recent dividend, Do, was $4.48, and its required rate of return is 11%. What is the expected Horizon Value at t.47 enjoyling relatively high growth because of a surge in the demand for its new product. Management expects Question 9 Not yet ar Points out of d Answer Church Inc. is presently enjoying relatively high growth because of a surge in the demand for its new product. earnings and dividends to grow at a rate of 2.9% for the next 4 years, after which competition wil probably reduce the growth rate in earnings and dividends to zero, i.e., g o. The company's most recent dividend, Do was $4.48, and its required rate of return is 11%, what is the current price of the common stock? Management expects Question 10 Not yet answered Poirts out of 1 P Flag questiorn