a. What is the value of the stock if the current dividend is $1.3, the first stage growth is 20%, the second stage growth is 10%, and the discount rate is 12%? Year 1 Year 2 Year 3 Year 4 Year 5 $ 1.56 $ 1.87 $ 2.25 $ 2.70 $ 3.23 Projected dividend Terminal price Present value b. What is the value of the stock if the current dividend is $1.3, the first stage growth is 1%, the second stage growth is 11%, and the discount rate is 13.0%? Year 4 Year 5 Year 1 Year 2 $ 1.30 $ 1.43 Year 3 $ 1.57 Projected dividend Terminal price Present value c. What is the value of the stock if the current dividend is $2.6, the first stage growth is 13%, the second stage growth is 7%, and the discount rate is 10%? Year 1 Year 2 Year 3 Year 4 Year 5 $ 2.94 $ 3.32 $ 3.75 $ 4.24 $ 4.79 Projected dividend Terminal price Present value a. What is the value of the stock if the current dividend is $1.3, the first stage growth is 20%, the second stage growth is 10%, and the discount rate is 12%? Year 1 Year 2 Year 3 Year 4 Year 5 $ 1.56 $ 1.87 $ 2.25 $ 2.70 $ 3.23 Projected dividend Terminal price Present value b. What is the value of the stock if the current dividend is $1.3, the first stage growth is 1%, the second stage growth is 11%, and the discount rate is 13.0%? Year 4 Year 5 Year 1 Year 2 $ 1.30 $ 1.43 Year 3 $ 1.57 Projected dividend Terminal price Present value c. What is the value of the stock if the current dividend is $2.6, the first stage growth is 13%, the second stage growth is 7%, and the discount rate is 10%? Year 1 Year 2 Year 3 Year 4 Year 5 $ 2.94 $ 3.32 $ 3.75 $ 4.24 $ 4.79 Projected dividend Terminal price Present value