3 Beasley Ball Bearings paid a $4 dividend last year. The dividend is expected to grow at a constant rate of 2 percent over the next four years. The required rate of return is 15 peroent (this will also serve as the discount rate in this problem). Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. a. Compute the anticipated value afthe dividends for the next four years. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Valuc 4.08 4.16 .24 4.32 b. Calaulate the present value of each of the anticipated dividends at a discount rate of 15 percent. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) PV of Dividends Tota 0.00 c. Compute the price of the stock at the end of the fourth year (P). (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Stocok price at Year4 33.23 d. Calculate the present value of the year 4 stock price at a discount rate of 15 percent. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value of Year 4 stock price