Financial Markets: Give the CORRECT Answers. Please answer ASAP.

A stock you are evaluating is expected to experience supernormal growth in dividends of 10 percent, gs , over the next five years. Following this period, dividends are expected to grow at a constant rate of 4 percent, g. The stock paid a dividend of $4 last year, and the required rate of return on the stock is 15 percent.

You are to calculate the fair present value of the stock. (Present the formula, show your solution and highlight your answer/s)

1. Find the present value of the dividends during the period of supernormal growth. Use the table below. (20 marks)