1. Gilliland? Motor, Inc., paid a ?$4.14 dividend last year. If? Gilliland's return on equity is 32 ?percent, and its retention rate is 32 ?percent, what is the value of the common stock if the investors require a rate of return of 19 ?percent?
2. (Common stock valuation?)
Header? Motor, Inc., paid a ?$4.27 dividend last year. At a constant growth rate of 6 ?percent, what is the value of the common stock if the investors require a 15 percent rate of? return?