$9-1$ DPS CALCULATION Weston Corporationjust paid a dividend of $$1\mathrm{.}00$ a share $($i$.$e$.,D_0=$$$1\mathrm{.}00).$ The dividend is expected to grow $12\%$ a year for the next $3$ years and then at $5\%$ a year thereafter. What is the expected dividend per share for each of the next $5$ years?

$9-2$ CONSTANT GROWTH VALUATION Tresnan Brothers is expected to pay a $$1\mathrm{.}80$ per share dividend at the end of the year $($i$.$e$.,D_1=$$$1\mathrm{.}80).$ The dividend is expected to grow at a constant rate of $4\%$ a year. The required rate of return on the stock, $r_{s^{\text{'}}}$ is $10\%.$ What is the stock's current value per share?

$9-3$ CONSTANT GROWTH VALUATION Holtzman Clothiers's stock currently sells for $$38\mathrm{.}00$ a share. It just paid a dividend of $$2\mathrm{.}00$ a share $($i$.$e$.,D_0=$$$2\mathrm{.}00).$ The dividend is expected to grow at a constant rate of $5\%$ a year. What stock price is expected $1$ year from now? What is the required rate of return?