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b. Sam wants a 12% return 2. The Stars Company expects the following dividend pattern over the next seven years: Year Year Year Year Year

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b. Sam wants a 12% return 2. The Stars Company expects the following dividend pattern over the next seven years: Year Year Year Year Year Year Year 2014 2015 2016 2017 2018 2019 2020 AED2.00 AED2.10 AED2.21 AED2.33 AED2.46 AED 2.61 AED 2.77 What is the price of this stock today if an investor wants to earn a. 12%? b. 15%

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