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Rework Table 74 for horizon years 1 2,3 and 10, assuming that investors expect the dividend and the stock price to increase at only 6%

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Rework Table 74 for horizon years 1 2,3 and 10, assuming that investors expect the dividend and the stock price to increase at only 6% a year and that each investor requires the same 12% expected return. The company will pay a dividend of $6.60 at the end of the first year (Do not round intermediate calculations. Round your answers to 2 decimal places.) Horizon (years) 1 2 3 10 Answer is complete but not entirely correct. PV PV Value per (Dividends) (Terminal Price) Share $ 5.89 5 104 11S 110 00 5.58 3 98 53 116 60 X 528 63 93 26 123,60 % 3.59 X 18585 85.00

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