1a- Starkiller Base Inc. expects to have a changing dividend policy over the next few years starting with the dividend that they just paid of $7.25. In the following year their dividend will grow by 17% and in the year after by 21.5%. Following that they expect their dividends to continue growing at a constant rate of 4.6% forever. If the required rate of return for Starkiller Base is 18.9% per year, what is the price today of their shares? Answer to the nearest penny.

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1b- CCR stock is currently trading for $211.98 per share. The firm is expected to pay a dividend of $12.74 per share in one year and to increase the dividend at 5.9% each year thereafter. Based on the Dividend Growth Model, what the the annual required rate of return for CCR stock? Answer as a % to 2 decimal places (e.g., 12.34% as 12.34).

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1c- The Wayne Corporation expects to have a changing dividend policy over the next few years starting with the dividend that they just paid of $1.71. In the following year their dividend will grow by 18.3% and in the year after by 12.5%. Following that they expect their dividends to continue growing at a constant rate of 4.2% forever. If the required rate of return for Wayne is 11.1% per year, what is the price today of Wayne shares? Answer to the nearest penny.

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