Complete Study Problem 3-2 from the end of Chapter 3 and Study Problem 4-5 from the end of Chapter 4, and post the answers to the discussion board.  Remember to complete all parts of each problem and report you analysis.  Show the necessary steps and explain how you got the outcome.  Respond to at least two of your classmates’ posts.

*** Note that Chapter 8 is currently under editorial review for the equation of Common Stock Valuation. The formula that follows should be used in this assignment:

Expected Rate of Return = (Dividend in Year / Market Price)   +  GrowthRate 
 
Investor's Value = Dividend in Year / (Required Rate of Return - Growth Rate)