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Magnetic Corporation expects dividends to grow at a rate of 11.00% for the next 2 years. After 2 years, dividends are expected to grow at

Magnetic Corporation expects dividends to grow at a rate of 11.00% for the next 2 years. After 2 years, dividends are expected to grow at a constant rate of 3.5%, indefinitely. Magnetic's required rate of return 10.49%, and it paid a $2.31 dividend today. Show your answers to the nearest cent. Please show your steps.

a) Dividend at end of Year 1 =

b) Dvidend at end of Year 2 =

c) Dividend at end of Year 3 =

d) Price of stock at end of Year 2 =

e) Price of stock today =

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