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ABCCompany's last dividend was $5.1.The dividend growth rate is expected to be constant at 22% for 2 years, after which dividends are expected to grow

  1. ABCCompany's last dividend was $5.1.The dividend growth rate is expected to be constant at 22% for 2 years, after which dividends are expected to grow at a rate of 7% forever.The firm's required return (rs) is 12%.What is its current stock price (i.e. solve for Po)?

Note: Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box.For example, if your answer is $12.345 then enter as 12.35 in the answer box.

  1. ABC's last dividend was $3.2.The dividend growth rate is expected to be constant at 31% for 3 years, after which dividends are expected to grow at a rate of 7% forever.If the firm's required return (rs) is 11%, what is its current stock price (i.e. solve for Po)?

Note: Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box.For example, if your answer is $12.345 then enter as 12.35 in the answer box

  1. ABCjust paid a dividend of D0= $2.8.Analysts expect the company's dividend to grow by 32% this year, by 24% in Year 2, and at a constant rate of 7% in Year 3 and thereafter.The required return on this stock is 13%.What is the best estimate of the stock's current market value?

Note: Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box.For example, if your answer is $12.345 then enter as 12.35 in the answer box.

  1. ABC Enterprises' stockis currently selling for $69.9 per share.The dividend is projected to increase at a constant rate of 8% per year.The required rate of return on thestockis 12%.What is the stock's expected price5 years from today (i.e. solve for P5)?

Note: Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box.For example, if your answer is $12.345 then enter as 12.35 in the answer box.

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