The current dividends per share per quarter of common stock of XYZ Ltd. are $0.8 and XYZ Ltd. pays dividends on a quarterly basis. Suppose quarterly growth rate of the dividends stream of XYZ Ltd. is 4% in the next two quarters, and thereafter this growth rate will decline to 1.0% and will stay at 1.0% for indefinite period. Suppose the required expected rate of return on common stock is 3% per quarter. Find: (1) The current price per share of the stock (ii) The expected price per share at the end of the fourth quarter. The current dividends per share per quarter of common stock of XYZ Ltd. are $0.8 and XYZ Ltd. pays dividends on a quarterly basis. Suppose quarterly growth rate of the dividends stream of XYZ Ltd. is 4% in the next two quarters, and thereafter this growth rate will decline to 1.0% and will stay at 1.0% for indefinite period. Suppose the required expected rate of return on common stock is 3% per quarter. Find: (1) The current price per share of the stock (ii) The expected price per share at the end of the fourth quarter