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1) A stock will pay dividends of $1.0, $4.0, and $8.0 over the next three years, and then increase dividends at a rate of 7.0%

1) A stock will pay dividends of $1.0, $4.0, and $8.0 over the next three years, and then increase dividends at a rate of 7.0% afterwards. Its required rate of return is 19.0%. What is the value of the stock? Round to the penny.

2)A stock will pay a dividend of $4.0 at the end of the year. It sells today for $103.0 and its dividends are expected grow at a rate of 9.0%. What is the implied rate of return on this stock? Enter in percent and round to two decimal places.

3)A company pays out 33.0% of its earnings in dividends. Its return on equity is 10.0%. What is its growth rate? Enter in percent and round to two decimal places.

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