Blossom Corp. is a fast-growing company whose management expects it to grow at a rate of 22 percent over the next two years and then to slow to a growth rate of 16 percent for the following three years. If the last dividend paid by the company was $2.15.

What is the dividend for the 1st year? (Round answer to 3 decimal places, e.g. 15.250.)

D1

$enter a dollar amount of the dividend for the first year rounded to 3 decimal places

What is the dividend for the 2nd year? (Round answer to 3 decimal places, e.g. 15.250.)

D2

$enter a dollar amount of the dividend for the second year rounded to 3 decimal places

What is the dividend for the 3rd year? (Round answer to 3 decimal places, e.g. 15.250.)

D3

$enter a dollar amount of the dividend for the third year rounded to 3 decimal places

What is the dividend for the 4th year? (Round answer to 3 decimal places, e.g. 15.250.)

D4

$enter a dollar amount of the dividend for the fourth year rounded to 3 decimal places

What is the dividend for the 5th year? (Round answer to 3 decimal places, e.g. 15.250.)

D5

$enter a dollar amount of the dividend for the fifth year rounded to 3 decimal places

Compute the present value of these dividends if the required rate of return is 14 percent. (Round intermediate calculations and final answer to 2 decimal places, e.g. 15.25.)

Present value

$enter the present value of these dividends rounded to 2 decimal places