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Company X just paid (year O) a dividend of $2.20. If you expect Company X's dividends to grow at 10% per year forever, what is

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Company X just paid (year O) a dividend of $2.20. If you expect Company X's dividends to grow at 10% per year forever, what is the current price of Company X's share if its equity cost of capital is 13%? $18.62 $80.67 O $73.33 O $9.57 Suppose Costco Wholesale Co plans to pay a dividend of $1.75 in one year (year 1) and $2.00 in two years (year 2). Following this, the company will not pay any dividends for 7 years. At the end of year 9 (year 9), the company will start paying a fixed annual dividend of $2.25 per share every year for eternity. If Costco Wholesale Co's equity cost of capital is 15.00%, what is its current price? O $7.94 $18.03 O $8.90 O $7.30

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