integrative: risk and valuation the best equipment company just released a successful new and innovative product. it is expected that the product will bring huge profits to the company, and its dividend will grow at 7% every year from now on. the last annual dividend of the company was $0.50 per share. the current risk-free rate of return is 5%, and you require a 6% risk premium to hold the stock. how much will you pay for a share of the stock? assume that the share price is $50.