Dividends are expected to grow at 30% per year during the next three years, 16 percent over the following year then 4% per year indefinitely Required return on this stock is 10% The current dividend is $3.75 What is the value of the stock as of the end of the variable growth period? (A) P4=$107.25 (B) P4=$98.78 (C) P4=$95.17 (D) P4=93.17 ABC Co. is growing quickly. Dividends are expected to grow at a rate of 24 percent for the next 3 years. The growth rate is then expected to fall to a constant 7 percent thereafter. The required return is 11%. The company just paid a dividend of $3.25 What is the current share price of ABC ? (A) Po=$135.35 Po=$145.24 Po=$133.42 D) Po=$128.65