1)Navel County Choppers Inc. is experiencing rapid growth. The company expects dividends to grow at 18 percent per year for the next 12 years before leveling off at 4 percent into perpetuity. The required return on the companys stock is 11 percent. If the dividend per share just paid was $1.64, what is the stock price?

2)Bayou Okra Farms just paid a dividend of $3.50 on its stock. The growth rate in dividends is expected to be a constant 5 percent per year indefinitely. Investors require a return of 13 percent for the first three years, a return of 11 percent for the next three years, and a return of 9 percent thereafter. What is the current share price?

3)YGTB, Inc., currently has an EPS of $1.60 and an earnings growth rate of 8 percent. If the benchmark PE ratio is 33, what is the target share price five years from now?

4)

Momsen Corp. is experiencing rapid growth. Dividends are expected to grow at 26 percent per year during the next three years, 16 percent over the following year, and then 8 percent per year indefinitely. The required return on this stock is 15 percent, and the stock currently sells for $96 per share. What is the projected dividend for the coming year?

5)

Lohn Corporation is expected to pay the following dividends over the next four years: $18, $14, $13, and $8.50. Afterward, the company pledges to maintain a constant 4 percent growth rate in dividends forever. If the required return on the stock is 14 percent, what is the current share price?

6)A7X Corp. just paid a dividend of $1.80 per share. The dividends are expected to grow at 21 percent for the next eight years and then level off to a growth rate of 6 percent indefinitely. If the required return is 12 percent, what is the price of the stock today?