1- The common stock of the Patel is currently selling for $30 per share. Last year's dividend per share was $4.00. Earnings and dividends per share are expected to grow at a constant rate of 5% per year for the indefinite future

What is the expected price of the stock one year from now?

2- The APIC is expected to benefit greatly from the recent interest in do-it yourself home repair. Analysis are forecasting that APIC will experience two years of abnormally high growth of 20%in earnings and dividends before settling down to a normal growth rate of 5% in year 3 and beyond. Last year's dividend per share was $4.00. Assume that the appropriate opportunity cost of

capital is 19%.

Determine the market price of APIC's common stock ?

3- A stock sells at $54 a share. Its current dividend is $2.00 a share, and the stockholders require a return of 16% on their investment. Find the expected growth rate of the

dividends of this stock.

4. ABC Corp preferred stock pays annual dividend of $4. The preferred stockholders have a required rate of return of 11%. Find the price of ABC preferred share.