1. Based on its projected required annual rate return of 10.30%, ABC Inc. (financed only by equity) expects to pay a $3.20 per share annual dividend in the upcoming year. If their stock is currently priced at $20.70, what would you expect the price to be one year from today?

2. Mimico's stock is selling today for $43.00 per share and has a total rate of return of 7.60%. The annual dividends are increasing at a rate of 1.70% indefinitely. How much is the expected dividend per share next year?

3. 3D printing Corp paid a dividend yesterday of $1 per share. The dividend is expected to grow at 21.00% per year for 2 years and then the growth rate will slow to 3.20% per year forever. If the required rate of return is 6.30%, then what is the current stock price?

4. ABC Inc. has 100,000 shares outstanding with a total book value of $1,162,000 and which currently sell for $13.80 per share. It had net income of $124,100 this past year, of which $41,000 was paid in dividends. Based on the above, what rate of return do investors expect on the stock?