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part 1. sandal's expected year-end dividend is D1= $2.91, its required return is 11.00% , its dividend yield is 4.40% and its growth rate is

part 1. sandal's expected year-end dividend is D1= $2.91, its required return is 11.00% , its dividend yield is 4.40% and its growth rate is expected to be constant in the future. what is sandal's expected stock price in 5 years from now?
A. $91.04
B. $44.56
C. $66.14
D. $78.02
part 2. sandal's stock currently sells for $35.25 per share. the dividend is projected to increase at a constant rate of 3.50% per year. the required rate or return on the stock, Rs, is 11.50% . what is the stock's expected price 5 years from now?
A. $36.42
B. $41.87
C. $40.61
D. $52.33
E. $46.89

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