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Global Tek is a new furm in a rapidily growing industry. The company is plarnaing on increasing its annuat divisend by 15 peicent a year

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Global Tek is a new furm in a rapidily growing industry. The company is plarnaing on increasing its annuat divisend by 15 peicent a year for the mext fwo years and then decreasing the growth rate to 3.5 percent per year. The coenpany iutt paid its annual dividend in the amount of $2 per thare. The required rate of return is 15.5 percent. Please answer the following questions based on the above information: What is dividend in year 3? 52.50 12.65 $29 $274 Question 28 1 pts Based on the above information, what is the current Global Teck stock price? $2106 32231 321.5 $2351 Based on the information about Globat Tek company. what is the Global Teck stock price in two years? 522.81 $23.12 321:8

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