SagaTech, Inc. just paid a dividend of $4.00 per share (that is, DO=4.00 ). The dividends of SagaTech are expected to grow at a rate of 20 percent next year (that is, g1=.20 ) and at a rate of 10 percent the following year (that is, g2=.10 ). Thereafter (i.e., from year 3 to infinity) the growth rate in dividends is expected to be 5 percent per year. Assuming the required rate of return on Saga Tech, Inc. stock is 18 percent, compute the current price of the stock. Record your answer as a dollar amount rounded to 2 decimal places, but do not include a dollar sign or any commas in your answer. For example, record $18,124.24985 as 18124.25 . Your Answer: Answer Frieda Frost recently invested $3,125 in a project that is promising to return 10 percent per vear. The cash flows are exnectond in be as follows: me cash flow in vear 4 is missing. Determine the Year 4 missing cash flow (that is, $3,125 ? Record your answer as a dollar amount rounded to 2 decimal places, but do not include a dollar sign or any commas in your answer, For example, enter $12.32724987 as 12327.25