Bing Bond paid a $3 dividend last year. The dividend is expected to grow at a constant rate of 8 percent over the next four years. The required rate of return is 10 percent. Round all values to three places to the right of the decimal point where appropriate. Compute the anticipated value of the dividends for year 1, that is compute D. Compute the anticipated value of the dividends for year 2, that is compute D. Compute the anticipated value of the dividends for year 3 that is compute D2 Compute the anticipated value of the dividends for year 4 that is compute D. Discount each of these dividends back to the present and then sum them If the earnings are expected to grow indefinitely at 296, compute the price of the stock at the end of the fourth year (P.) Discount Pe back to the present What is the present value of the stock In regard to the stock price in part 8. indicate which direction it would move it increases. Write 1, 2 or 3 in the answer box if you expect an increase, decrease, or no change in the stock price, respectively in regard to the stock price in part 8, indicate which direction it would move if the required rate of return increases. Write 1, 2 or 3 in the answer box if you expect an increase, decrease or no change in the stock price, respectively In regard to the stock price in part 8. indicate which direction it would move it the growth rate increases. Write 1, 2, 3 in the answer box if you expect an increase Bing Bond paid a $3 dividend last year. The dividend is expected to grow at a constant rate of 8 percent over the next four years. The required rate of return is 10 percent. Round all values to three places to the right of the decimal point where appropriate. Compute the anticipated value of the dividends for year 1, that is compute D. Compute the anticipated value of the dividends for year 2, that is compute D. Compute the anticipated value of the dividends for year 3 that is compute D2 Compute the anticipated value of the dividends for year 4 that is compute D. Discount each of these dividends back to the present and then sum them If the earnings are expected to grow indefinitely at 296, compute the price of the stock at the end of the fourth year (P.) Discount Pe back to the present What is the present value of the stock In regard to the stock price in part 8. indicate which direction it would move it increases. Write 1, 2 or 3 in the answer box if you expect an increase, decrease, or no change in the stock price, respectively in regard to the stock price in part 8, indicate which direction it would move if the required rate of return increases. Write 1, 2 or 3 in the answer box if you expect an increase, decrease or no change in the stock price, respectively In regard to the stock price in part 8. indicate which direction it would move it the growth rate increases. Write 1, 2, 3 in the answer box if you expect an increase