a/ Brooks is a new firm in a rapidly growing communication industry. The company is planning on increasing its annual dividend by 15% a year for the next 4 years and then decreasing the growth rate to 3% per year thereafter. The company just paid its annual dividend in the amount of $0.2 per share. What is the current value of one share of this stock if the required return is 15 percent? b/ KFCs common stock is currently selling for $32.35. The last annual dividend paid was $1.15 per share and the market rate of returns is 12.5%. At what rate dividend is growing?

c/ HPG just paid a $3.2 annual dividend. The company has a policy of increasing the dividend by 4 percent annually. You would like to purchase 100 shares of stock in this firm but realize that you will not have the funds to do so for another two years. If you required a 12 percent rate of return, how much will you be willing to pay per share for the 100 shares when you can afford to make this investment?

please write down complete formula