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please answer last 2 pictures. first 2 have been answered already and can be used to answer the last 2 pictures Non-constant dividend growth: RGV

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Non-constant dividend growth: RGV Cooling Company paid $3.30 per share in common stock dividends last year. The company's policy is to allow its dividend to grow at 10 percent for 3 years and then the rate of growth changes to 4 percent per year from year four and on. The required rate of return is 9 percent. What is its expected dividend three years from today (D3)? 3.00 3.30 3.63 3.99 4.39 What is its expected dividend four years from today (D4)? 3.99 4.15 4.57 5.19 7.19 What is its expected price of the stock 3 years from today (P3)? 74.13 83.05 87.11 91.36 6.03 Non-constant dividend growth: RGV Cooling Company paid $3.30 per share in common stock dividends last year. The company's policy is to allow its dividend to grow at 10 percent for 3 years and then the rate of growth changes to 4 percent per year from year four and on. What is the value of the stock if the required rate of return is 9 percent? 80.63 74.13 73.30 3.99

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