AVZ is a start-up company who is using all its cash to growth so it does not plan to pay dividends for the next 5 years. The company then plans to start paying annual cash dividends starting in year 6 of $4.00 for 14years. Thereafter, the company will assume a constant growth dividend policy and the estimated growth rate in dividends forever after that point is 4%. The price of the stock is set to yield a return of 10%. What is the price of this stock today?

The price today is$

MMM Inc. has an annual cash dividend policy that raises the dividend each year by 10.00%. Last year's dividend was $1.70 per share. Investors want a 17% return on this stock. What is the price today of this stock if the company will be in business for five years and not have a liquidating dividend (there is no selling price - stock simply cease to exist with no value then)?

The price of this stock today is?

G-2 Inc. expects the following dividend pattern over the next seven years:

Year 1	Year 2	Year 3	Year 4	Year 5	Year 6	Year 7
$1.50	$1.56	$1.62	$1.68	$1.75	$1.82	$1.90

The company will then have a constant dividend of $1.97 forever. What is the price of this stock today (year 0) if an investor wants to earn 14% rate of return?