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2 (14 pts) The D.I.V. Company currently pays a dividend of $1.05 per share. If dividends are expected to grow at a rate of 5%

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2 (14 pts) The D.I.V. Company currently pays a dividend of $1.05 per share. If dividends are expected to grow at a rate of 5% per year, forever, and if investors' required rate of return on D.I.V. is 10%, A. What is the current value of the stock P0 according to the dividend valuation model? 22 B. What is the dividend yield in year 15 ? C. What is the stock price in year 10

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