Part 2 Instructions: Please answer each question in the spaces provided below. Show all your work and explain your answers. When appropriate, draw timeline of cash flows and calculator steps (inputs values). Partial credit may be awarded in part 2. Point totals for each question appear in parentheses. To avoid rounding issues, you should take dollar amounts out two decimal places (e.g., $152.67) and interest rates out four decimal places (e.g., 0.1025 or 10.25%). 1. A. You expect the Gilbert Corporation to increase dividends (15 percent for the next three years. Thereafter,g will settle in to its long run growth rate of 5 percent. If the required rate of return on the stock is 8 percent and the company just paid a dividend of $2.00, what is the current stock price? Show your work and include a timeline showing dividend payments in periods 1-4. (3 points) Paeller 2.001.15) (1.052 24