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show all work Swanson Company's long-run dividend growth rate is expected to be 8 percent (g). If the required return (rs) for Swanson is 16%,

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Swanson Company's long-run dividend growth rate is expected to be 8 percent (g). If the required return (rs) for Swanson is 16%, and the most recent dividend (D0) was $2.00, what is the most likely Swanson's stock price two years from now? (12 points) Hope corporation paid a dividend of $2.00(D0) last year. The growth rate is expected to be 20 percent and 10 percent during the next two years, and then the growth rate is expected to be a constant 5 percent thereafter. The required rate of return on equity (rS) is 10 percent. What is the current stock price (P0) ? (18 points)

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