Ten years ago, Pac Pac Toys began manufacturing and selling retro arcade games for sports bars. Dividends are currently $2.21 per share, having grown at a 15.00 percent compound annual rate over the past 5 years. That growth rate is expected to be maintained for the next 2 years, after which dividends are expected to grow at half that rate for 3 years. Beyond that time, Pac Pac Toys's dividends are expected to grow at 3.00 percent per year. What is the current value of a share of Pac Pac Toys common stock if your required return is 24.00 percent? Answer Format: Currency: Round to: 2 decimal places. Enter Answer Here... Submit Answer A stock ust paid a dividend this morning of $1.29. Dividends are expected to grow at 13.00% for the next two years. After year 2, dividends are expected to grow at 8.01% for the following three years. At that point, dividends are expected to grow at a rate of 6.00% forever. If investors require a return of 14.00% to own the stock, what is its intrinsic value? Answer Format: Currency: Round to: 2 decimal places Enter Answer Here... Submit Answer Prev Problem All ProblemsNext