Magnetic Corporation expects dividends to grow at a rate of 17.17% for the next two years. After two years, dividends are expected to grow at a constant rate of 6.99% , indefinitely. Magnetics required rate of return is 13.35% and they paid a $2.37 dividend today. Compute the following for Magnetic Corporations common stock:

1. Dividend at the end of year 1: $
2. Dividend at the end of year 2: $
3. Dividend at the end of year 3: $
4. Price of stock at the end of year 2: $
5. Price of stock today: $