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II. Global Biz Inc. considers listing its stocks in New York Stock Exchange. Valuate Gobal Biz stocks under the following conditions. Next year's dividend per

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II. Global Biz Inc. considers listing its stocks in New York Stock Exchange. Valuate Gobal Biz stocks under the following conditions. Next year's dividend per share (D) is estimated as $30 and the market's required rate of return is 20%. (40 points) 1. What is the stock price per share if you predict that the next year's stock price will be $150. $ (4 points) 2. What is the stock price per share if you predict that D2, D3 and P3 are $36, $43.2 and $216, each. $ (4 points) 3. What will be the stock price per share if you predict that the dividend (D) will be constant in the future. $ (4 points) 4. What will be the stock price per share if you predict that the dividend growth rate will be 10% forever. $ (4 points)

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