Bennett Company's stock has a required rate of return 11.5% and it sells for $25.00 per share. Bennett's dividend is expected to grow at a constant rate of 7.00%. What was the last dividend, D_0? Hughes Corporation is experiencing rapid growth. Earnings and dividends are expected to grow at a rate of 15% during the next 2 years, at 13% in the third year and at a constant rate of 10% thereafter. Their last dividend was $1.00 and the required rate of return on the stock was 12%. Calculate the value of the stock today. Calculate P^_1 and P^_2. Scott inc. stock currently sells for $45 per share. The stock's dividend projected to increase at a constant rate of 3.70% per year. The required rate of return on the stock, r_s is 15.50%. What is the expected stock price five years from now