Magnetic Corporation expects dividends to grow at a rate of 14.82% for the next two years. After two years, dividends are expected to grow at a constant rate of 4.15% , indefinitely. Magnetics required rate of return is 13.61% and they paid a $1.04 dividend today. Compute the following for Magnetic Corporations common stock:

a) Dividend at end of year 1 :

b) Dividend 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 :