1. Fill in the missing entries in the forecasted earnings and dividend exhibit for the ABC Life Insurance Company:

ABC Life Ins Co. Forecasted Earnings and Dividends ($millions)
	Year 1	Year 2	Year 3
Book Equity	300.00	(d)	(h)
Earnings per Share (EPS)	(a)	(e)	(i)
Return on Equity (ROE)	30%	25%	20%
Payout Ratio	(b)	(f)	(j)
Plowback Ratio	50%	30%	25%
Dividends per Share (DIV)	(c)	(g)	(k)

Dividend growth rate ____(l)_ __ __(m)__

a.__________ l.___________

b. 50% m.__________

c._________

d.___________

e.__________

f.___________

g.__________

h.__________

i.__________

j.___________

k.___________