10 Hunter Petroleum Corporation paid a $9 dividend last year. The dividend is expected to grow at a constant rate of 6 percent forever. The required rate of return is 17 percent (this will also serve as the discount rate in this problem). (Use a Financial calculator to arrive at the answers.) a. Compute the anticipated value of the dividends for the next three years. (Do not round intermediate calculations. Round the final answer to 3 decimal places.) 10 points Anticipated 02:13:11 $ $ Dz 9.540 10112 10.717 D $ b. Calculate the present value of each of the anticipated dividends at a discount rate of 17 percent. (Do not round intermediate calculations. Round the final answers to 3 decimal places.) D D2 D3 PV of dividends 8.154 7.385 6.693 Total $22.232 c. Compute the price of the stock at the end of the third year (P.:/ (Do not round Intermediate calculations. Round the final answer to 2 decimal places.) De 10 c. Compute the price of the stock at the end of the third year (P3/ (Do not round intermediate calculations. Round the final answer to 2 decimal places.) 10 paints (D4 is equal to D3 times 1.06) 02:11:27 Price of the stock $1 d. Calculate the present value of the year 3 stock price at a discount rate of 17 percent. (Do not round intermediate calculations. Round the final answer to 3 decimal places.) Price of the stock (discounted) $ e. Compute the current value at the stock. (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Current value f. Use formula given below to show that it will provide approximately the same answer as part e. (Do not round Intermediate calculations. Round the final answer to 2 decimal places.) For formula 10 8. use D, 59.54, Ke-17 percent, and g- 6 percent. (The slight difference between the answers to parts e and fis due to rounding. Current value $