Suppose that today's stock price is $31.05. If the required rate on equity is 16.3% and the growth rate is 3.1%, compute the expected dividend (i.e. compute D1) ABC Inc.'s stock is currently selling for $88.33 per share. The company just paid its first annual dividend of $0.87 a share. The firm plans to increase the dividend by 5.4 percent per year indefinitely. What is the required rate of return on equity? ABC's last dividend paid was $4.15, its required return is 20%, its growth rate is 6%. What is ABC's expected stock price in 19 years