Franktown Meats just announced that they are increasing the annual dividend to $1.75 and establishing a policy whereby the dividend will increase by 2% annually thereafter. How much will one share of this stock be worth six years from now if the required rate of return is 14.5%? Multiple Choice $14.00 $14.28 $14.84 $15.77 $16.08 Mother and Daughter Enterprises is a relatively new firm that appears to be on the road to great success. The company paid its first annual dividend yesterday in the amount of $.28 a share. The company plans to double each annual dividend payment for the next three years. After that time, it is planning on paying a constant $1.50 per share indefinitely. What is one share of this stock worth today if the market rate of return on similar securities is 11.5%? Multiple Choice $9.41 $11.40 $11.46 O $11.93 $12.43 Company X has just paid a dividend of $1.50 per share. It is expected that the dividends from this company will grow at a rate of 5% per year for the foreseeable future. The required return on Company X's stock is 11%. What is the value of Company X's stock? Multiple Choice $13.64 $14.32 $25.00 $26.25 $30.00 What would you pay for a share of ABC Corporation stock today if the next dividend will be $2 per share your required return on equity investments is 12%, and the stock is expected to be worth $110 one year from now? Multiple Choice $95 $100 $110 O $115 $120