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t2 Sad (Do not round intermediate calculations. Round the final answers to 2 decimal places. Only put numbers in the boxes. DO NOT include units.

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t2 Sad (Do not round intermediate calculations. Round the final answers to 2 decimal places. Only put numbers in the boxes. DO NOT include units. $. X %, etc in your answers.) XYZ Inc. pays a dividend every year. Its dividends grow at 24% per year for the next 5 years before levelling off at 5% into perpetuity. The required return on the company's stock is 9%. The dividend per share just paid was $4. What is the dividend paid in year 6? Answer: The dividend paid in year 6 is $ What is the expected stock price at the end of year 5 after the dividend is paid? Answer: The stock price in year 5 is $ What is the current stock price? Answer: The current stock price is $

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