1. Considering no further growth prospect in future, the financial manager of a company has decided to maintain a constant $0.52 dividend per share in future. The company has 17.135 shares issued at $3 per share. If the market is expecting 13.28% return from investment in this company's shares, what is the market value of this share?

2. A company has recently paid $2.45 dividend per share. It is expected that the future dividends of the company will grow at 4.9% p.a. If the required rate of return from this type of equity investment is 10.4%, what is the value of this company share?

3. A company has recently paid $10 dividend against 6 ordinary shares. The dividend of this company is expected to grow at 2% for the next year and at 7% in the second next year. A constant growth in dividend at 9% p.a. is expected to start from the third year and that will continue for indefinite time. If the required rate of return from this share is 6%, what is the value of this company share?