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Help please! Student instructions: This worksheet is for problem 12-27. Enter formulas in the blanks where indicated to complete the calculations needed. Problem 12-27 The

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Student instructions: This worksheet is for problem 12-27. Enter formulas in the blanks where indicated to complete the calculations needed. Problem 12-27 The Nonconstant, or Supernormal Dividend Growth Model Flash in the Pan Corporation Given: Year Year Your Year Year Year 2 3 4 5 6 and on Dividend growth rates 209% 30% 20% 10% 5% Dividend expected 1 year from now $3.00 Assumed required rate of return 15%% Calculations: a. Present value of Dividends during the supernormal growth period: Expected future dividends during the supernormal growth period Present values of dividends during the supernormal growth period Total b. Present value of dividends during the normal growth period (year $ and on) Terminal value at end of year 5 per Equation 12-7 Present value of terminal value c. Total present value per share of Flash in the Pan Corp. stock

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