A) Company just announced that it will pay a dividend next year of $1.50. The company will then increase its dividend by 10 percent per year for two years after which it will maintain a constant 3 percent dividend growth rate. What is one share worth today at a required rate of return of 13 percent?

B) Company recently paid $1.30 as its annual dividend. Future dividends are projected at $1.20, $1.10, and $1.00 over the next three years, respectively. After that, the dividend is expected to decrease by 2 percent annually. What is one share of this stock worth at a rate of return of 15 percent?

C) Company recently paid an annual dividend of $4.10 on its common stock. This dividend increases by 4 percent per year. What is the markets required rate of return on the stock if the stock is selling for $37.30 a share?