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1. If the current dividend (D0) is $3.00 and the growth rate is 6%. How much will the dividend be at Time 5? 2. Suppose

1. If the current dividend (D0) is $3.00 and the growth rate is 6%. How much will the dividend be at Time 5?

2. Suppose D₀ is $5.70, R is 10%, and g is 5%. What is the price per share today?

3. Suppose we are interested in the price of a stock in five years, P5. We just paid a dividend of $2.20 and the growth rate is 4%. The required return is 12%. What is the price of the stock in five years?

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