Red sun rising just paid a dividend of $2.13 per share. the company said that it will increase the dividend by 25 percent and 20 over the next two years, respectively. after that, the company is expected to increase its annual dividend at 3.5 percent. if the required return is 10.5 percent, what is the stock price today?

An increase in the market price of men's haircuts, from $16 per haircut to $26 per haircut, initially causes a local barbershop to have its employees work overtime to increase the number of daily haircuts provided from 20 to 25. when the $26 market price remains unchanged for several weeks and all other things remain equal as well, the barbershop hires additional employees and provides 40 haircuts per day. what is the short-run price elasticity of supply? nothing (your answer should have two decimal places.) what is the long-run price elasticity of supply? nothing (your answer should have two decimal places.)