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question 18 and 19 please QUESTION 18 Facebook is a non-constant growth stock with an expected dividend of $2 a year from now. Dividends for

question 18 and 19 please image text in transcribed
QUESTION 18 Facebook is a non-constant growth stock with an expected dividend of $2 a year from now. Dividends for Facebook are expected to grow 30% in Year 2 and 20% in Year 3. After Year 3, the dividends are going to grow at a constant growth rate of 10%. What are the dividends of the non-constant growth period (D1, D2, D3)? AD1 - $2: D2 $2.4: D3 - $2.88 B.D1 $2; D2 = $2.4; D3 = $3.12 0.01 - $2; D2 - $2.6; D3 - $3.12 D.01 - $2; D2 - $2.6; D3 - $3.38 QUESTION 19 Refer to Question 18. What is the value of the Stock at Year 3 (Terminal Value of the Stock at the END of the Non-Constant Growth period or TV3) if the Required Return is 15%? A $68.64 B. $71.33 C.566.15 D.$58.22

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