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16. Assume you require 14.8% return. A company has common stock which just paid a dividend of $2.58 (at moment 0). Dividends forecast to grow

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16. Assume you require 14.8% return. A company has common stock which just paid a dividend of $2.58 (at moment 0). Dividends forecast to grow 59% for the upcoming five years (years 1-5). After year 5 , the growth of the stock's dividends is expected to change to a sustainable rate of 4.8% forever. What is price is predicted for this stock at the end of year 5 (i.e., what is the terminal value)? Enter your answer as a monetary amount rounded to four decimal places, but without the currency symbol. 19. Assume you require 13.7% return. A company has common stock with dividends forecast for the upcoming five years (years 1-5) as shown below. After year 5, the stock's dividends are expected to have a growth rate of 2.9%. What is the maximum price you should pay for this Enter your answer as a monetary amount rounded to four decimal places, our nuthour the currency symbol

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