apter 10 Hw Problem 10-34 Common stock value based on PV calculations IL010-5) Trump Office Supplies paid a $3 dividend last year. The dividend is expected to grow at a constant rate of 5 percent over the next four years. The required rate of return is 14 percent (this Use Appendix B for an approximate answer but calculate your f inal answer using the formula and financial calculator methods. Compute the anticipated value of the dividends for the next four years. (Do not round intermediate cal calculations. Round your final answers to 2 decimal places ) 3.1 3 46 the present value of each of the anticipated dividends at a discount rate of 14 percent . (Do not round intermediate calculations. Round your final answers to 2 decimal PV of 2.33 2.14 11/8/2