Problem 7-8 Dividend Discount Model (LO2) 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 $1.20 at the end of the first year. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Horizon (years) 1 Value per PV (Dividends) PV (Terminal Price) Share 3 10