can you please help with 7-16, 7-17 and 7-18? Thank you

stock today? 7-15 Xtinct Artifacts has not paid a dividen st 10 years. However, at the end of this a $1.50 dividenc the pa year, the company plans to pay and a $2 dividend the following year (Year 2) Starting in three years, the dividend will begin to grow by 5 percent each year for as long as the firm is in business. If investors require an 11 percent rate of return to purchase Xtinct's common stock, what should be the market val of its stock today? ue 7-16 Sparkle Jewelers expects to pay dividends (per share) of $0.60, $0.90, $2.40, and $3.50 during the next four years. Beginning in the fifth year, the dividend is expected to grow at a rate of 4 percent indefinitely. If investors require a 20 percent return to purchase Sparkle's stock, what is the current value of the com pany's stock? 7-17 Georgetown Motorcars' (GM) common stock nor- mally sells for 19 times its earnings; that is, its P/E ratio equals 19. If GM's earnings per share are $3.70, what should be its stock price under normal circumstances? 7-18 Forthe past 15 years, the P/E ratio of North/South Travel has been between 28 and 30. If North/ South's earnings per share equal $4, in what price range would you estimate its stock should be selling? 7-19 RJS generated $65,00 0 net income this year. The firm's financial statements also show that its inter- est expens 35 percent, and its invested capital was $800,000. If its average cost of funds is 12 percent economic value added (EVA) this ve e was $40,000,its marginal tax rate was ar? 7-20 Backhaus Ber (BBB) just announced that the come was $1 n