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question 19 and 20 Oliphant Inc. recently paid a $3.65 dividend. The company has been growing at a 4% rate for the past severa years,

question 19 and 20
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Oliphant Inc. recently paid a $3.65 dividend. The company has been growing at a 4% rate for the past severa years, but due a new marketing campaign, the growth of the company is expected to be 5%. The stock is curr selling for $71. Similar stocks earn returns ranging from 8% to 10%. 1. Calculate value for a share of the company at interest rate of 8%. Round the answer to two decima places. Your answer will have 2 decimals. No \$ signs $ Calculate value for a share of the company at interest rate of 9%. Round the answer to two decimal places. Your answer will have 2 decimals. No \$ signs $ Calculate value for a share of the company at interest rate of 10%. Round the answer to two decima places. Your answer will have 2 decimals. No \$signs $ QUESTION 20 Quebec Enterprises expects to pay stockholders a dividend of $5.50 for the next two years. In year three, the dividend will be $6.50. You plan to buy the stock today and hold it for three years, and then sell. You expect t price to be about $76.00 when you sell. What is the most you would pay for this stock if you can earn 10% on investments of similar risk? Round values in intermediate calculations to four decimal places. Round the answer to two decimal place

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