$\backslash$table$[[,$Year $1,$Year $2,$Year $3,$Year $4,$Year $5],[$Book equity at the start of the year,$10\mathrm{.}00,12\mathrm{.}10,14\mathrm{.}20,15\mathrm{.}10,16\mathrm{.}23],[$Earnings per share $($EPS$),3\mathrm{.}00,3\mathrm{.}00,1\mathrm{.}20,1\mathrm{.}50,1\mathrm{.}80],[$Return on equity $($ROE$),0\mathrm{.}30,0\mathrm{.}25,0\mathrm{.}08,0\mathrm{.}10,0\mathrm{.}11],[$Payout ratio,$0\mathrm{.}30,0\mathrm{.}30,0\mathrm{.}25,0\mathrm{.}25,0\mathrm{.}25],[$Dividends per share $($DIV$),0\mathrm{.}90,0\mathrm{.}90,0\mathrm{.}30,0\mathrm{.}38,0\mathrm{.}45],[$Growth rate of dividends,,$0\mathrm{.}00,-0\mathrm{.}67,0\mathrm{.}25,0\mathrm{.}20]]$

Refer to the table in the Excel sheet provided for Q$13-14.$ The table shows the forecasted financials for XYZ Co$.$ What is the price of the stock when the subsequent growth in dividends is expected to be $8\mathrm{.}32\%$ and the cost of equity assumed to be $10\mathrm{.}7\%?$

$$12\mathrm{.}72$

$$14\mathrm{.}61$

$$16\mathrm{.}65$

$$18\mathrm{.}87$

$$20\mathrm{.}94$

Refer to the table in the Excel sheet provided for Q$13-14.$ The table shows the forecasted financials for XYZ Co$.$ What is the PVGO's contribution to the price of stock at time $4,$ i$.$e$.$ what is PVGO$4?$ Again, assume $8\mathrm{.}32\%$ growth and $10\mathrm{.}7\%$ cost of equity as before.

$$2\mathrm{.}09$

$$3\mathrm{.}27$

$$4\mathrm{.}12$

$$5\mathrm{.}46$

$$6\mathrm{.}34$