Hunter Petroleum Corporation paid a $2 dividend last year. The dividend is expected to grow at a constant rate of 5 percent forever. The required rate of return is 12 percent (this will also serve as the discount rate in this problem). Use Appendix B a. Compute the anticipated value of the dividends for the next three years. (Do not round intermediate calculations. Round the final answer to 3 decimal places.) Anticipated D $ 02 03 $ $ value b. Calculate the present value of each of the anticipated dividends at a discount rate of 12 percent. (Round "PV Factor" to 3 decimal places. Round intermediate calculations to 3 decimal places. Round the final answers to 3 decimal places.) D1 02 D Total PV of dividends $ c. Compute the price of the stock at the end of the third year (P3). (Round "PV Factor" to 3 decimal places. Round intermediate c. Compute the price of the stock at the end of the third year (P3). (Round "PV Factor" to 3 decimal places. Round intermediate calculations to 2 decimal places. Round the final answer to 2 decimal places.) P3- Da Ke-g (04 is equal to D, times 1.05) Price of the stock d. Calculate the present value of the year 3 stock price at a discount rate of 12 percent. (Round "PV Factor" to 3 decimal places. Do not round intermediate calculations. Round the final answer to 3 decimal places.) Price of the stock (discounted) e. Compute the current value of the stock. (Round "PV Factor" to 3 decimal places. Do not round intermediate calculations. Round the final answer to 2 decimal places.) Current value f. Use formula given below to show that it will provide approximately the same answer as part e. (Round the final answer to 2 decimal places.) 01 Po Ke 9 For formula 10-8, use of $2.10. K-12 percent, and g 5 percent. (The slight difference between the answers to parts e and fis due (0, is equal to 03 times 1.05) Price of the stock $ d. Calculate the present value of the year 3 stock price at a discount rate of 12 percent. (Round "PV Factor" to 3 decimal places. Do not round intermediate calculations. Round the final answer to 3 decimal places.) Price of the stock (discounted) e. Compute the current value of the stock. (Round "PV Factor" to 3 decimal places. Do not round intermediate calculations. Round the final answer to 2 decimal places.) Current value $ f. Use formula given below to show that it will provide approximately the same answer as part e. (Round the final answer to 2 decimal places.) Pe- Ke-9 For formula 10-8. use o = $2.10, Ke - 12 percent, and g= 5 percent. (The slight difference between the answers to parts e and fis due to rounding.) Current value $