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Please show steps to solve this question on a financial calculator if possible, Thank you Rework Table 7.4 for horizon years 1, 2, 3, and

Please show steps to solve this question on a financial calculator if possible, Thank youimage text in transcribedimage text in transcribed

Rework Table 7.4 for horizon years 1, 2, 3, and 10, assuming that investors expect the dividend and the stock price to increase at only 6% a year and that each investor requires the same 12% expected return. The company will pay a dividend of $3 at the end of the first year. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Value per Horizon (years) PV (Dividends) PV (Terminal Price) Share 1 2 3 10 TABLE 7.4 Value of Blue Skies + = Horizon (years) 1 Value per Share $75 2 3 10 20 PV (dividends) $2.68 5.26 7.75 22.87 38.76 49.81 62.83 73.02 PV (terminal price) $72.32 69.74 67.25 52.13 36.24 25.19 12.17 1.98 75 75 75 75 30 50 100 75 75 75

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