#8) Waterway Natural Foods' current dividend is $10.00. You expect the growth rate to be 0 percent for years 1 to 5, and 2 percent for years 6 to infinity. The required rate of return on this firms equity is 10 percent.

A) Determine the expected dividend at the end of year 5.

= $10

B) Determine the expected dividend at the end of year 6.

= $10.20

C) Determine the expected price of the stock at the end of year 5 (immediately after the year 5 dividend).

= ??? D) Determine the price of the stock today.

= ???

** Please solve for C) and D) only.