1. NYU Inc. has been paying an annual dividend of $2.1. NYU Inc. is planning to start increasing the dividends after 5 years with a growth rate of 5.9%. What is the stock price now if the discount rate is 9.2%?
2. NUS Inc. just paid an annual dividend of $1. NUS Inc. is planning to increase the dividends at a rate of 3% in the next 5 years, then at a rate of 1% indefinitely. What is the stock price now if the discount rate is 7%?
3. CSU Inc. is not paying any dividends now. However, CSU Inc. is planning to start paying annual dividends 3 years from now. The first dividend will be $3. The growth rate will be 6% for 6 years and then 2% indefinitely. What is the stock price now if the discount rate is 7%?
4. CSU Corp has an average historical PE of 36. The current earning is $2.9 million. CSU Corp has 1 million shares outstanding. What is the stock price?