Q5. Maria is the Chief Executive Officer for A3Z Bank. She approached you to look at the price of the stock and dividend yield. She presented you with the following information. (10 Marks) A. Current estimates are for A3Z Company to pay dividends of $2.80, $3.15, and $3.60 throughout the following three years, respectively. Toward the end of three years, you envision selling your stock at a market price of $120.00. If it is anticipated that 8% return, what is the price of the stock? (1 Mark for correct formula, 1 Mark for correct calculation and I Mark for correct answer to equal a total of 3 Marks). B. ABZ stock was selling for $32.50 per share at the start of 2018. Dividend payments for the next year were expected to be $3.50 a share. Assuming no growth, what is the dividend yield? (1 Mark for correct formula, 1 Mark for correct calculation and 1 Mark for correct answer to equal a total of 3 Marks). C. A3Z forecasts to pay an $6.50 dividend one year from now, which constitutes 100% of its income. This will provide investors with a 9% anticipated return. Instead, we decide to plowback 30% of the income at the company's current profit for value of 15%. What is the approximated value of the stock before and after the plowback decision? (1 Mark for correct formula, 1 Mark for correct calculation and I Mark for correct answer to equal a total of 3 Marks). D. What does the present value of growth opportunities (PVGO) mean? (1 Mark)