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Please solve this correctly ASAP. Hunter Petroleum Corporation paid a $8 dividend last year. The dividend is expected to grow at a constant rate of

Please solve this correctly ASAP.

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Hunter Petroleum Corporation paid a $8 dividend last year. The dividend is expected to grow at a constant rate of 8 percent forever. The required rate of return is 14 percent this will also serve as the discount rate in this problem). (Use a Financial calculator to arrive at the answers.) a. Compute the anticipated value of the dividends for the next three years. (Do not round intermediate calculations. Round the final answer to 3 decimal places.) Anticipated value $ D1 D2 $ D3 $ b. Calculate the present value of each of the anticipated dividends at a discount rate of 14 percent. (Do not round intermediate calculations. Round the final answers to 3 decimal places.) PV of dividends $ D1 D2 D3 Total c. Compute the price of the stock at the end of the third year (P3). (Do not round intermediate calculations. Round the final answer to 2 decimal places.) P3 = D4 ke - 9 (D4 is equal to D3 times 1.08) Price of the stock $ d. Calculate the present value of the year 3 stock price at a discount rate of 14 percent. (Do not round intermediate calculations. Round the final answer to 3 decimal places.) Price of the stock (discounted) e. Compute the current value of the stock. (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Current value $ f. Use formula given below to show that it will provide approximately the same answer as part e. (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Pe D1 Ke - 9 For formula 10-8, use D1 = $8.64, Ke = 14 percent, and g= 8 percent. (The slight difference between the answers to parts e and fis due to rounding.) Current value

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