may I know the steps?

The answer to the first question is 39.33

A stock will pay a dividend of $1 in 1 year from now, then the dividend will grow by 6% annually. Then after the payment of the dividend in year 4, the dividend will growth at 3% annually for ever. The expected return is 6%. What should be the share price at the end of year 3? In the case above, calculate the correlation between A and B ver 39.33 29.50 red O 15.78 Question 27 5/5 pts In the case above, what should be the share price today? 26.84 35.85 47.55