Could I Industries just paid a dividend of $$1\mathrm{.}10$ per share. The dividends are expected to grow at a rate of $20$ percent for the next six years and then level off to a growth rate of $4$ percent indefinitely. If the required return is $12$ percent, what is the value of the stock today? Round to the nearest answer.

a$.$ $$10$

b$.$ $$20$

c$.$ $$30$

d$.$ $$40$

Overland Adventures will pay a regular dividend of $$2\mathrm{.}00$ per share for each of the next four years. At the end of four years, the company will also pay out a liquidating dividend of $$50.$ If the discount rate is $8$ percent, what should the current share price be$?$ Round to the nearest answer

a$.$ $$40$

b$.$ $$50$

c$.$ $$60$

d$.$ $$80$

JJ Industries will pay a regular dividend of $$2\mathrm{.}90$ per share for each of the next four years. At the end of four years, the company will also pay out a liquidating dividend. If the discount rate is $8$ percent, and the current share price is $$60,$ what must the liquidating dividend be$?$ Round to the nearest answer.

a$.$ $$40$

b$.$ $$50$

c$.$ $$60$

d$.$ $$70$

Lithium Technologies does not currently pay a dividend. You expect the company to begin paying a dividend of $$4$ per share in $15$ years, and you expect dividends to grow perpetually at $5\mathrm{.}5$ percent per year thereafter. If the discount rate is $15$ percent, how much is the stock currently worth? Round to the nearest answer.

a$.$ $$6$

b$.$ $$14$

c$.$ $$27$

d$.$ $$44$