3 7. JL. Industries Corp. is experiencing rapid growth. Dividends are expected to grow at 30 percent per year during the next three years, 18 percent over the following year, and then 8 percent per year indefinitely. The required return on this stock is 11 percent, and the stock currently sells for $65 per share. What is the projected dividend for the coming year? 8. The Starbucks C. just paid a dividend of $2.15 per share on its stock. The dividends are expected to grow at a constant rate of 5 percent per year, indefinitely. If investors require a r tour period nhtet. owiki & hceur peaWheatiU Hper Baichhree years? In 15 years? 9. The next dividend payment by Exponential Continued Growth, Inc., will be $3.20 per share. The dividends are anticipated to maintain a growth rate of 6 percent, forever. If BCG stock currently sells for $63.50 per share, what is the required return? 10. For the company in the previous problem, what is the dividend yield? What is the expected capital gains yield?