corporate Finance

2. Company Y's dividend is expected to grow at a 20% rate for the next 3 years. It is then expected to grow at 8% annually for the foreseeable future. Company Y just paid $1.50 in dividends, and the investors require a 16% return on the company's stock. a. What is the forecasted dividend for each of the next 3 years (D1, D2, D3)? b. What is the dividend expected to be 4 years from now? c. At what price do you expect Company Y's stock to be selling for 3 years from now (forecasted P3)? d. What is the present value of DI, D2, D3, and P3? e. What is your estimate of today's price