All are correct except the two blank spaces.

TABLE 7.4 Value of Blue Skies + Horizon (years) 1 PV (dividends) $2.68 2 3 10 PV (terminal price) $72.32 69.74 67.25 52.13 36.24 25.19 12.17 1.98 5.26 7.75 22.87 38.76 49.81 62.83 73.02 Value per Share $75 75 75 75 75 75 75 20 30 50 100 75 Rework Table 74 for horizon years 1, 2, 3, and 10, assuming that investors expect the dividend and the stock price to increase at only 6% a year and that each investor requires the same 12% expected return. The company will pay a dividend of $3 at the end of the first year. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Horizon tyears) 1 2 PV PV (Terminal Value per (Dividends) Price) Share S 2.68 $ 47.35 $ 50.03 5.26 44.49 50.00 7.61 42.39 50.00 50.00 3 ces 10