johnston corporation has been growing at a constant rate of 8 percent per year in recent years. This same growth rate is expected. The current dividend (i.e D0) is 1.60$ and the required rate of return for the comapny is 12%.

Calculate the expected dividend stream for the next 3 years.

What is johnston corporation's stock worth today?

What is johnston corportaion's stock worth after 4 years i.e P4?