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E-Eyes.com has a new issue of preferred stock it calls 20/20 preferred. The stock will pay a $20 dividend per year, but the first dividend

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E-Eyes.com has a new issue of preferred stock it calls 20/20 preferred. The stock will pay a $20 dividend per year, but the first dividend will not be paid until 20 years from today. The required return on the stock is 9.5 percent. What is the price of the stock 19 years from today? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. What is the price of the stock today? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Metallica Bearings, Incorporated, is a young startup company. No dividends will be paid on the stock over the next 8 years because the firm needs to plow back its earnings to fuel growth. The company will then pay a dividend of $14.00 per share 9 years from today and will increase the dividend by 5.75 percent per year, thereafter. The required return on the stock is 13.75 percent. What is the price of the stock 8 years from today? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. What is the current share price? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Synovec Corporation is growing quickly. Dividends are expected to grow at a rate of 30 percent for the next three years, with the growth rate falling off to a constant 6 percent, thereafter. The required return is 13 percent and the company just paid a dividend of $2.75. What are the dividends each year for the next four years? Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. What is the share price in three years? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. What is the current share price? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16

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