1.Suppose ABC's expected dividend next year (i.e., Period 1) is $5.1. If its dividend is likely to grow at a constant rate of 6.8% forever, compute its stock value in Period 5 when the required rate of return is 12.3%. Round your answer to two decimal places.

2.Suppose ABC Inc.'s expected dividend for next year is $2.1 and it is expected to grow at a constant rate of 2.1% perpetually. Compute the current value of the stock if the required rate of return = 13.5%. Round your answer to two decimal places.

3.

Based on the following scenario, calculate the expected return for Stock A using the scenario approach. Please enter your answer as a PERCENT rounded to 2 decimal places.

scenario	probability	Return
recession	0.35	2.4%
neutral	0.25	4.7%
boom	0.40	8.3%