1.) Consolidated Software doesn't currently pay any dividends but is expected to start doing so in 4 years. That is, Consolidated will go 3 more years without paying any dividends and then is expected to pay its first dividend (of $1.41 per share) in the fourth year. Once the company starts paying dividends, it's expected to continue to do so. The company is expected to have a dividend payout ratio of 41% and to maintain a return on equity of 21%. Based on the DVM, and given a required rate of return of 16%, what is the maximum price you should be willing to pay for this stock today?

2.) Assume you obtain the following information about a certain company:

Total assets	$51,000,000
Total equity	$21,390,984
Net income	$2,195,158
EPS	$2.64 per share
Dividend payout ratio	39%
Required return	7.4%

Use the constant-growth DVM to place a value on this company's stock.

3.) AviBank Plastics generated an EPS of $2.89 over the last 12 months. The company's earnings are expected to grow by 16.5% next year, and because there will be no significant change in the number of shares outstanding, EPS should grow at about the same rate. You feel the stock should trade at a P/E of around 19 times earnings. Use the P/E approach to set a value on this stock.

please help! I have no idea what I'm doing