Beasley Ball Bearings paid a $4 dividend last year. The dividend is expected to grow at a constant rate of 7 percent over the next four years. The required rate of return is it percent (this will also serve as the discount rate in this problem). Use AppandixB 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 each of the articipated dividends at a discoumt rate of 14 percent. Notes Do not round intermediate colculations. Round your firal onswers to 2 decimal ploces. c. Compute the ptice of the stock at the end of the fourth year (D4) Do not round intermediate colculations. Round your finol answer to 2 decimal ploces. c. Compute the price of the stock at the end of the fourti year (iA). Do not round intermediate calculotions. Round your final answer to 2 decimol places. d. Calculate the present value of the year 4 stock price at a discolun rate of 14 percent. Note: Do not round intermediote calculotions, Round your final answer to 2 decimal places. e. Compute the current value of the stock Note: Do not round intermediote colculations. Round your final onswer to 2 decimal places. f. Use the formula given below to show that it will provide approximately the same anewer as part e Note: Do not round intermediate calculations. Round your final answer to 2 decimal ploces. Psi=D1/Ke=1) 9. If current EPS were equal to 55.89 and the P.E fatio is 1.2 times higher than the industry average of 9 , what would the stocis price ha? 9. If current EPS were equal to $5.89 and the P/E ratio is 1.2 times higher than the industry average of 9 . What would the stock ptice be? Note: Do not round intermediate coleulotions. Round your final answer to 2 decimal ploces. h. By what dollat arhotint is the stock price in part g different fiom the a toek price in pairt fi. Note: Do not round intermediate calculetions. Round your final answer to 2 decimal places. 1. With regard to the stock price in part f indicate which clirection t would move if: Beasley Ball Bearings paid a $4 dividend last year. The dividend is expected to grow at a constant rate of 7 percent over the next four years. The required rate of return is it percent (this will also serve as the discount rate in this problem). Use AppandixB 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 each of the articipated dividends at a discoumt rate of 14 percent. Notes Do not round intermediate colculations. Round your firal onswers to 2 decimal ploces. c. Compute the ptice of the stock at the end of the fourth year (D4) Do not round intermediate colculations. Round your finol answer to 2 decimal ploces. c. Compute the price of the stock at the end of the fourti year (iA). Do not round intermediate calculotions. Round your final answer to 2 decimol places. d. Calculate the present value of the year 4 stock price at a discolun rate of 14 percent. Note: Do not round intermediote calculotions, Round your final answer to 2 decimal places. e. Compute the current value of the stock Note: Do not round intermediote colculations. Round your final onswer to 2 decimal places. f. Use the formula given below to show that it will provide approximately the same anewer as part e Note: Do not round intermediate calculations. Round your final answer to 2 decimal ploces. Psi=D1/Ke=1) 9. If current EPS were equal to 55.89 and the P.E fatio is 1.2 times higher than the industry average of 9 , what would the stocis price ha? 9. If current EPS were equal to $5.89 and the P/E ratio is 1.2 times higher than the industry average of 9 . What would the stock ptice be? Note: Do not round intermediate coleulotions. Round your final answer to 2 decimal ploces. h. By what dollat arhotint is the stock price in part g different fiom the a toek price in pairt fi. Note: Do not round intermediate calculetions. Round your final answer to 2 decimal places. 1. With regard to the stock price in part f indicate which clirection t would move if