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Hunter Petroleum Corporation pald a $6 dividend last year. The dividend is expected to grow at a constant rate of 7 percent forever. The required

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Hunter Petroleum Corporation pald a $6 dividend last year. The dividend is expected to grow at a constant rate of 7 percent forever. The required rate of return is 20 percent this will also serve as the discount rate in this problem). Use A Rendix 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 valo 0 02 b. Calculate the present value of each of the anticipated dividends at a discount rate of 20 percent. (Round "PU Factor" to 3 decimal places. Round Intermediate calculations to 3 decimal places. Round the final answers to 3 decimal places.) PV of dividends $ D 02 D Total c. Compute the price of the stock at the end of the third year (P/ (Round "PV Foctor" to 3 decimal places. Round intermediate calculations to 2 decimal places. Round the final answer to 2 decimal places.) Da ke" Drau NAVI

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