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29 You are evaluating shares in Honeywell International (HON). They currently pay an annual dividend of $4.00 per share this year and expect to raise

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29 You are evaluating shares in Honeywell International (HON). They currently pay an annual dividend of $4.00 per share this year and expect to raise that by 5% per year every year in the future. If you use a discount rate of 10%, what is the value of HON shares (to two decimal places)? 30 You are evaluating a newer company, an adult-dating website: Cougar Power (CGR). Cougar expects to pay $5.00 annual dividends for three years, and each year those dividends will grow by 20% per year. Then, as the company matures, it expects that dividends will only grow by 5% per year thereafter. If you discount CGR at 12%, what is the value of CGR (to two decimal places)

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