5.ABCs next dividend is expected to be $7.98, its required return is17%, itsgrowth rateis 3%.What is ABC's expected stock price in8 years?

6.ABCCompany's last dividend was $0.8. The dividend growth rate is expected to be constant at 9% for 4 years, after which dividends are expected to grow at a rate of 5% forever. The firm's required return (r_s) is 14%. What is its current stock price (i.e. solve for Po)?

8. XYZ Company's credit terms are 1/3 net 29. The company estimatesthat 69% of the customers will take the cash discount. What is the average collection period?