1. A stock is expected to pay a dividend of 2$ for the next year. In the following years, dividends are expected to grow at a constant rate of 8%. Find the price of this stock. If the discount rate expected rate of return is 28%.

2. A stock paid 1.8$ dividend per share for the current year. The dividends are expected to grow at a constant rate of 10% in the following years. Find the price. ( r= 32%)

3. A preferred stock is paying 6$ dividend per share every year. if the expected rate of return ( discount rate) is 30%. Calculate the price of preferred stock.