need 7a 7b and 8

3. XYZ is expected to pay dividends on its common stock (i.e. D) of $3 over the next year. Dividends have been growing steadily at 3% for years. Currently, investors are requiring a return of 15% for an investment in XYZ common stock. What is the value of 200 shares of XYZ common stock today? 7. Refer to # 3. Overall, the S&P 500 dropped 10% during the recession over the past year and XYZ's beta is 1.30. a. Considering XYZ's beta, what is the new price of one share of XYZ common stock? b. What is the HPR in $ and % if an investor bought 200 shares at the price determined in #3 and sold 200 shares at the new price? 8. Discuss what the above problems illustrate