Suppose the dividends for the Seger Corporation over the past six years were $1.15, $1.23, $1.32, $1.40, $1.50, and $1.55, respectively. Compute the expected share price at the end of 2014 using the perpetual growth method. Assume the market risk premium is 7.8 percent, Treasury bills yield 4.0 percent, and the projected beta of the firm is 1.05.

Star Light & Power increases its dividend 2.6 percent per year every year. This utility is valued using a discount rate of 13 percent, and the stock currently sells for $49 per share. If you buy a share of stock today and hold on to it for at least three years, what do you expect the value of your dividend check to be three years from today?

Leisure Lodge Corporation is expected to pay the following dividends over the next four years: $21, $10, $7.2 and$2.5. Afterwards, the company pledges to maintain a constant 3 percent growth rate in dividends forever. If the required return on the stock is 15 percent, what is the current share price?

Netscrape Communications does not currently pay a dividend. You expect the company to begin paying a $2.2 per share dividend in 8 years, and you expect dividends to grow perpetually at 3.2 percent per year thereafter. If the discount rate is 14 percent, how much is the stock currently worth?

Could I Industries just paid a dividend of $1.77 per share. The dividends are expected to grow at a 17 percent rate for the next 4 years and then level off to a 7 percent growth rate indefinitely. If the required return is 15 percent, what is the value of the stock today?