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please answer questions 1-3 please 3. Ackert Company's last dividend was $1.55. The dividend growth rate is expected to be constant at 1.5% for 2

please answer questions 1-3 please image text in transcribed
3. Ackert Company's last dividend was $1.55. The dividend growth rate is expected to be constant at 1.5% for 2 years, after which dividends are expected to grow at a rate of 5.0% forever. The firm's required return (s) is 12.0%. (15 points) 1) What are the dividends from Year 1 to Year 3? 2) What is the best estimate of the current stock's value? 3) If the current stock price is $50 per share. Do you recommend BUY or SELL the stock

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