5)A company's dividend last year was $3.00 (2019) (D0) and has been growing at 6% per year. How much is the expected dividend at the end of 2021?

a)$3.79 b)$3.57 c)$3.37 d)$3.18

6) A company's dividend in 2015 was $3.00 and in 2020 was 4.00? How much is its compound growth rate?

a)6% b)7% c)5.92% d)6.50%

7)A company's dividend is paid on December 31 of each year. The dividend in 2012 was $.40 and in 2020 was $.60? How much is the expected dividend in 2021?

a)$0.40 b)$0.55 c)$0.63 d)$0.68

8) The Movie Company called Y3 is expected to pay a dividend this year of $1.50. Investors expected a return of 12% and the stock is trading at $20. How much is the dividend growth rate expected by its investors?

a)4.50% b)7.50% c)5% d)5.50%

9) Small Lady Fashions paid a dividend last year of $1.00. Investors expect a return of 15% and the stock is trading at $10.50. How much is the dividend growth rate expected by its investors? (Hint D0 x (1+g) / (k-g) = Price solve by algebra for g.)

a)4.00% b)4.19% c)5.00% d)5.50%