Abaco Market's had a recent annual dividend measuring $3.55 a share.Over the years the firm has been growing at a consistent 4% rate for several years, but analysts generally believe that better times are ahead, and that future growth will be in the neighborhood of 5%. The stock is currently selling for $75.Stocks similar to Abaco Markets earn returns ranging from 8% to 10%.

a.Calculate values for a share of Abaco Markets interest rates of 8%, 9%, and 10%.

b. Do you think Abaco Markets is a good investment for the long run, that is, for someone planning to hold onto it for ten or more years?

c. Do you think it's a good investment for the short term?That is, should you buy it with the expectation of selling in a relatively short period, say a year or less?

d. Repeat the calculations of part a assuming that instead of rising, Tyler's growth rate (1) remains at

4% or (2) declines to 3%.

e. Comment on the range of prices that you've calculated.