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Beasley Ball Bearings paid a $4 dividend last year. The dividend is expected to grow at a constant rate of 5 percent over the next

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Beasley Ball Bearings paid a $4 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 15 percent (this will also serve as the discount rate in this problem). Use Appendix 8 for an approximate answer but calculate your final answer using the formula and financial calculator methods. a. Compute the anticipated value of the dividends for the next four years. Note: Do not round intermediate calculations. Round your final answers to 2 decimal places. b. Calculate the present value of eoch of the anticipated dividends ot a discount rate of 15 percent Note: Do not round intermediate calculations. Round your final answers to 2 decimal places. b. Calculate the present value of each of the anticipated dividends at a discount rate of 15 percent. Note: Do not round intermediate calculations. Round your final answers to 2 decimal places. c. Compute the price of the stock at the end of the fourth year (P4) Do not round intermediate calculations. Round your final answer to 2 decimal places. Do not round intermediate calculations. Round your final answer to 2clec places. d. Calculate the present value of the year 4 stock price at a discount rate of 15 percent: Note: Do not round intermediate calculations. Round your final answer to 2 decimal places. e. Compute the current value of the stock Note: Do not round intermediate calculations. Round your final answer to 2 decimal places. f. Use the formula given below to show that it will provide approximately the same answer as part e Note: Do not round intermediate calculations. Round your final answer to 2 decimal places. PD1/Keg 9. If current EPS were equal to $5.51 and the P. F ratio is 1.2 times higher than the industry average of 7 , what would the stock price be? Note: Do not round intermediate colculations. Round your final answer to 2 decimal places. n. By what dollar amount is the stock price in part g different from the stock price in part ? ? Note: Do not round intermediate calculations. Round your final answer to 2 decimal places. 1. With regard to the stock price in part f indicate which direction it would move if

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