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6. Fred's Junk Shop is expecting to pay unusual dividends for the next two years, then Fred level off at 3%. Fred's next two dividends

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6. Fred's Junk Shop is expecting to pay unusual dividends for the next two years, then Fred level off at 3%. Fred's next two dividends are expected to be 1 89 a ext two dividends are expected to be 1.89 and 2.54 per share. The going rate in the marketplace for investments similar to Fred's is 6%. idends for the next two years, then Fred expects the growth to What is the value of a share of FJS today (Po)? What is the value of a share of FJS in two years (P2)? What is the value of a share of FJS in eleven years (P11)

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