Here are the info in (2), and you don't need to calculate anything in it. Thanks!

3. Consider the RI multi-stage model. Using the info in (2), solve the model for the case where w= 0. Explain how this relates to other calculations in (2). 2. Consider the information given below. existing ROE = 20%; this will continue for the next 6 years. rs = 12% Bo = $18 payout ratio = 30% Using the residual income model, calculate the stock share value for each of the following possibilities. (a) From the end of year 6 to infinity, the ROE = 12%. (b) From the end of year 6 to infinity, the continuing residual income is a perpetuity. (c) From the end of year 6 to infinity, continuing residual income is determined by a persistence factor = 0.35. (d) At the end of year 6 the P/B ratio is projected to be 1.6