Examine the following information and solve future dividends, future price, and price now. Company A just paid a dividend of $3.35. Growth rates for dividends are: 32% for the next 3 years, then changing to a constant 7.2% forever. The required return is 14% Compute each dividend for the next four years? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 12.34.) Year 1 $ 4.42 $ 5.84 Year 2 Year 3 Year 4 $ $ 7.70 8.26 What is the price of their stock in three years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 12.34.) Share price in three years What would you pay for the stock now (price now)? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 12.34.) Current share price Solve dividends EPS and stock prices using the information that follows. Bravo Company just paid a dividend of $1.31. A growth rate for dividends is expected to be 16% over the next five years. The benchmark PE for this industry is 19. Bravo Company has a payout ratio of 30%. The required return is 14%. What are the projected dividends for each of the next five years? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 12.34.) Year 1 Year 2 Year 3 Year 4 Year 5 What is the EPS in five years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 12.34.) EPS in 5 years What is the target stock price in five years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 12.34.) Strelnice in var