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Martin Office Supplies paid a $3 dividend last year. The dividend is expected to grow at a constant rate of 6 percent over the next

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Martin Office Supplies paid a $3 dividend last year. The dividend is expected to grow at a constant rate of 6 percent over the next four years. The required rate of return is 12 percent (this will also serve as the discount rate in this problem). Note: Do not input a dollar sign. Round your final answer to 2 decimal places. a. Compute the anticipated value of the dividends at the end of the fourth year. b. Calculate the total present value of the anticipated dividends, using a discount rate of 12 percent. c. Compute the price of the stock at the end of the fourth year (P4). d. Calculate the present value of the year 4 stock price at a discount rate of 12 percent. e. Compute the current value of the stock. f. Indicate which direction the stock price would move if D1 increases (up/down): g. Indicate which direction the stock price would move if Ke increases (up/down): h. Indicate which direction the stock price would move if g increases (up/down)

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