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1 Rework Table 74 for horizon years 1. 2. 3. and 10 assuming that investors expect the dividend and the stock price to increase at

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1 Rework Table 74 for horizon years 1. 2. 3. and 10 assuming that investors expect the dividend and the stock price to increase at only 6% a year and that each investor requires the same 12% expected retum. The company will pay a dividend of $180 at the end of the first year (Do not round Intermediate calculations. Round your answers to 2 decimal places.) 20 pots PV Value per Horizon Iyears) 1 (Dividends) PV (Terminal Price) Share 2 3 ces 10

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