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Need help with question 12 but more specifically 13. Any tricks are tips are apprecisted Analysts expect 12. Procter and Gamble Corporation will pay an

image text in transcribedNeed help with question 12 but more specifically 13. Any tricks are tips are apprecisted

Analysts expect 12. Procter and Gamble Corporation will pay an annual dividend of $0.65 one year from now. this dividend to grow at 12% per year thereafter until the fifth year. After that, growth will level off at 2% per year . According to the dividend-discount model , what is the value of a share of Procter and Gamble stock if the firm's equity cost of capital is 8%? 13. Colgate-Palmolive Company has just paid an annual dividend of $0.96. Analysts are predicting an 11% per year growth rate in earnings over the next five years. After that, Colgate's earnings are expected to grow at the current industry average of 5.2% per year. If Colgate's equity cost of capital is 8.5% per year and its dividend payout ratio remains constant, what price does the dividend-discount model predict Colgate stock should sell for

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