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A ) Suppose a firm s next expected dividend is $ 0 . 7 0 per share two years from now. It has an expected

A) Suppose a firms next expected dividend is $0.70 per share two years from now. It has an expected dividend $1.10 three years from now and $1.90 four years from now. If the dividends will come once a year after that and stay at $1.90, what price per share is implied by a 7.4% cost of equity capital? Report an answer in dollars correct to the nearest cent.
Today's price per share is $
enter your response here.
B) Now suppose instead that each expected dividend after the $1.9 at year 4 will exceed the previous one by a fraction g. What g is required to justify a current share price of $39 per share?
Report g as a% correct to 2 digits after the decimal, such as1.06%. The required annual growth is
enter your response here.%

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