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show all work please ue. A stock will pay the following dividends: 5220 in one year, $2.40 in 2 years $260 in 3 years, and

image text in transcribedshow all work please
ue. A stock will pay the following dividends: 5220 in one year, $2.40 in 2 years $260 in 3 years, and $2.80 in 4 years. The growth rate in dividends every year after that (forever) will be 7% The required retum is 11% part a) The price 2 years from today, P, should be part b) The price in 5 years, Ps, should be For each part show your final answer first rounded to 2 decimal places. Then show supporting work under each answer. Keep at least 6 decimal places in your intermediate work SHOW YOUR WORK for both parts below in order to receive credit Full or partial credit is available depending on your answers process and clarity of work shown Examples of how to successfully show your work were provided in adance on page 3 of the Exam 2 info hle Answers (correct or incorrect) without work shown wil net reverse credt View desert Form Tas Par BI Y Arer pour 0 DELL

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