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Q4) Magnetic Corporation expects dividends to grow at a rate of 17.90% for the next two years. After two years dividends are expected to grow

Q4) Magnetic Corporation expects dividends to grow at a rate of 17.90% for the next two years. After two years dividends are expected to grow at a constant rate of 04.70% indefinitely. Magnetics required rate of return is 11.10% and they paid a $2.59 dividend today. Find the value of Magnetic Corporations common stock per share by computing: a) Dividend at the end of Year 1:
b) Dividend at the end of Year 2:
c) Dividend at the end of Year 3:
d) Price of stock at end of year 2:
e) Price of stock today:

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1 1 Q4) Magnetic Corporation expects dividends to grow at a rate of 17.90% for! the next two years. After two years dividends are expected to grow at a constant rate of 04.70% indefinitely. Magnetics required rate of return is 111.10% and they paid a $2.59 dividend today. Find the value of Magnetic Corporations common stock per share by computing: a) Dividend at the end of Year 1: b) Dividend at the end of Year 2: c) Dividend at the end of Year 3: d) Price of stock at end of year 2: e Price of stock today: I 1 1 1 $3.05 $3.60 $3.77 $58.91 $47.81 $3.05 $3.60 $3.77 $58.90 $53.38 1- SCODE Thin Attamnt. 5

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