3. You expect Hershey to pay a dividend of $4.40 one year from today, a dividend of $6.05 two years from today, and a dividend of $3.993 three years from today. Following year three you expect Hershey to grow their dividend by 4% each year thereafter. If equity investors in Hershey have a cost of equity of 10%, what share price should Hershey trade at today? Your answer should be exact. A. $49 B. $54 C. $59 D. $64 E. None of the above 4. Investors expect a company to have 10 shares outstanding, a book value of equity of $200.00, a return on equity of 15%, and a payout ratio of 100% in perpetuity. If investors in this company have a cost of equity of 10%, what price should this company trade at today? A. $20.00 B. $30.00 C. $40.00