Question 3 Yesterday, the Alphabeti Corporation paid a 2 per share dividend. Its dividends are expected to grow steadily at 3% per year. a) What exactly is a share (stock? Who exactly are the owners of a company b) How much will Alphabeti dividends be for each of the next three years? If the appropriate discount rate for Alphabeti shares is 5%, what should be the current price of Bala stock? e) if you buy Alphabetishares today, and sell it after exactly two years, what rate of return will you realise? Reply... Question 3 Yesterday, the Alphabeti Corporation paid a 2 per share dividend. Its dividends are expected to grow steadily at 3% per year. a) What exactly is a share (stock? Who exactly are the owners of a company b) How much will Alphabeti dividends be for each of the next three years? If the appropriate discount rate for Alphabeti shares is 5%, what should be the current price of Bala stock? e) if you buy Alphabetishares today, and sell it after exactly two years, what rate of return will you realise? Reply