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Ch. Harris Corp has just received approval of its patent for a new car battery. Sales and profits are projected to increase dramatically for the

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Ch. Harris Corp has just received approval of its patent for a new car battery. Sales and profits are projected to increase dramatically for the next two years. After that, dividends will grow at a rate of 3.5% indefinitely. If dividends for the next two years are projected to grow at 13% and 9%, respectively, calculate the following if the last dividend paid was $1.50 and the required return is 14%: 1. D1 [next dividend] 2. D2 3. D3 4. P2 5. current stock price [PO]

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