Far Side Corporation is expected to pay the following dividends over the next four years: $11, $9, $4, and $3. Afterward, the company pledges to maintain a constant 7 percent growth rate in dividends forever. Required: If the required return on the stock is 15 percent, what is the current share price? (Do not round your intermediate calculations.) $42.44 $41.47 $44.97 $50.67 $43.66 Marcel Co. is growing quickly. Dividends are expected to grow at a 20 percent rate for the next 3 years, with the growth rate falling off to a constant 5 percent thereafter. Required: If the required return is 9 percent and the company just paid a $3.00 dividend, what is the current share price? (Do not round your intermediate calculations.) $113.70 $112.02 $118.34 $116.02 $107.34 Antiques R Us is a mature manufacturing firm. The company just paid a $15 dividend, but management expects to reduce the payout by 11 percent per year indefinitely. Required: If you require an 16 percent return on this stock, what will you pay for a share today? $49.44 $48.95 $49.94 $55.56 $267.00