CCSDDELETE Question #4 7 marks) Mega Growth Company just paid a $2200 dividend. Future dividends are projected to grow at 39 % and 5% over the next three years. After that time, the dividend is expected to percent annually forever. Calculate the current share price if you require a 10 percent rate of return estions below: Taylor, Inc. 2015 Income Statement Goods Sold tation are Interest and Taxes Paid me $28.900 23.100 16.00 3.900 80 $ 3.620 12230 $ 2290 5956 to retained earnings Sh .2015 Receivable abril $1,750 ent Assets Tay ke Ine. Balance Sheet Year Ending Dec 31, 2015 $1,530 Accounts Payable 2.739 Notes Payable 340 Tocal Cur Elabilities 7.720 Long Term Debt Ouers Equity 12.849 Common Slack Retained Earnings Tocal Ouers Equity Total Lia & Owner's $20,560 Equity 2.15 .000 Assets &CO 5319 13.319 $20,560 expects its sales to increase 20% next year. Current assets, accounts payable tre proportional to sales. Debt and equity are not Depreciation and Interest istant. Tax rate of 34% remains the same. The firm's rele a se 1 60% SHOW ALL CALCULATIONS s operating at full c ury, Calelate the extemal fnancing needed (EN) to support wth rate in sales by preparing a proforma come statement and proforma balance darks) USE GOOD FORMAT. ROUND US AND SAMOUNTS TO THE DOLLAR. There is additional space on the next page