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tarper submitted Mar 2 at 4:05pm Question 6 0/2 pts Marcel Co. is growing quickly. Dividends are expected to grow at a rate of 0.07

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tarper submitted Mar 2 at 4:05pm Question 6 0/2 pts Marcel Co. is growing quickly. Dividends are expected to grow at a rate of 0.07 for the next 4 years, with the growth rate falling off to a constant 0.03 thereafter. If the required return is 0.1 and the company just paid a $1.35 dividend, what is the current share price? Answer with 2 decimals (e.g. 45.45). You Answered 32 22.83 margin of error 3 d l w P x AOP a -n Details _#4 Equity Valuation abmitted Mar 2 at 4:05pm Question 2 0/1 pts Far Side Corporation is expected to pay the following dividends over the next four years: $9, $11, $5, and $5. Afterward, the company pledges to maintain a constant 0.01 growth rate in dividends forever. If the required return on the stock is 0.09, what is the current share price? Answer with 2 decimals (e.g. 45.45). Vered Answer 69.64 margin of error +/- 1%

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