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Mississippi Inc.s most recent dividend, received yesterday, was $3.00 per share. Analysts forecast that Missisippi will pay dividend of $3.30 next year(DIV1 = $3.30). In

Mississippi Inc.s most recent dividend, received yesterday, was $3.00 per share. Analysts forecast that Missisippi will pay dividend of $3.30 next year(DIV1 = $3.30). In year two its stock price is expected to be $50 and it is also going to pay a dividend of $3.60. The required return for Missisippis common stock is 12%. The P/E ratio is 12 today. What is the price of the stock today? What is the payout ratio yesterday? What is the PVGO today?

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