2. Investors require a 15% rate of return on Brooks Sisters' stock (r_s = 15%).

1. What would the value of Brooks's stock be if the previous dividend was D₀ = $2.25 and if investors expect dividends to grow at a constant compound annual rate of (1) - 7%, (2) 0%, (3) 3%, or (4) 14%? Round your answers to the nearest cent.
   1. $
   2. $
   3. $
   4. $