ABC Co., preferred stock has a par value of $237.29 with a preferred dividend rate of 5.24%. If the required rate of return on preferred stock is 7.8%, what is today's price of preferred stock?

Suppose the company paid dividend of $29.25. That is, D₀ is $29.25. What is the amount of dividend in Year 8? That is, what is D₈? Assume that the dividends are expected to grow by 6% each year.

Suppose the company is expected to pay a dividend of $4.75. next year That is, D₁ is $4.75. What is the amount of dividend in Year 7? That is, what is D₇? Assume that the dividends are expected to grow by 18% each year.

ABC,. Inc just paid a dividend of $47.05. The dividends are expected to grow by 15% in Years 1-3. After that, the dividends are expected to grow by 6% each year. If the required rate of return is 23%, what is today's price of the stock?