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Next year, Stirling Plc is expecting to pay a dividend of 1.00 per share. During the subsequent three years, the dividend is expected to grow

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Next year, Stirling Plc is expecting to pay a dividend of 1.00 per share. During the subsequent three years, the dividend is expected to grow at the rate of 20%. After that, the dividend will remain constant indefinitely. The required rate of return on Stirling's equity is 12%. Calculate the share price of Stirling Plc. (15 marks) Part B a) Calculate the price of a 2-year bond with a coupon of 5%, if its yield to maturity is 6%. Assume a face value of 1,000. (5 marks) b) Calculate the price of a 5-year zero coupon bond if its yield to maturity is 10%. Assume a face value of 1,000

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