A stock currently sells for $75 per share, and the required return on the stock is 10%. Assuming a constant growth rate of 3%, calculate the stocks last dividend paid. Round to the nearest cent. Do not include the dollar sign in your answer. (i.e. If your answer were $1.23, then type 1.23 without a $ sign)

You are evaluating the purchase of Bell, Inc. and expect a common stock dividend of $5.06 next year, with a dividend growth rate of 10% for the following three years. You plan to hold the stock for four years and then sell it. You estimate the price of the companys stock to rise to $59.37 at the end of your four-year holding period. A required rate of return of 13% will be adequate compensation for this investment. Given your assumptions, what is your estimate of the current value of Bell stock? Round to the nearest cent. Do not include the dollar sign in your answer. (i.e. If your answer were $1.23, then type 1.23 without a $ sign)

FatEx is planning to pay dividends of $1.20, $2.60, $3.00, and $4.50 in years 1 through 4, respectively. Starting in year 5, it will pay the dividends of $3.50 a year forever. If the required return is 6%, how much is the stock worth today? Round to the nearest cent. Do not include the dollar sign in your answer. (i.e. If your answer were $1.23, then type 1.23 without a $ sign)