Fe A 88 89 90 103 104 105 106 107 & C 108 109 EFU 111 112 113 114 Format P A Insert B Problem 3: Times New Roman-10-A A Given: $ Page Layout Formulas Dat C Stack Score Numerical Solution: D Finance Concept: P-D/-g) D-D (1+g) by ge Type here to search E Definition The current, already paid (end of period 0) dividend The required rate of return on the firm's common stock The expected annual growth rate in dividends The expected upcoming (end of period 1) dividend The present value of the stock share Higment F Growing Dividends LMN Company's dividends have historically grown at 2% per year. We expect this trend to continue. LMN Company paid a 91 $4.00 dividend this year. If investments with similar risk earn 8%, how much is a share of LMN Company worth today? 92 93 94 95 96 97 98 99 100 101 102 View G D-D, (1+g) In cell H108 enter formula 197(1-199) Help P-D/(r-g) In cell H112 nter formala H108 (198-199) H I Notation D F E D P Inputs: $4.00 ? ? Points (1) 0 Conditional Format Call Points (1) 0 J K IntDelete Fot - N O 90F Clear Comments Det A P Q 12:21 AM 6/23/2022