This year, Shoreline Light and Gas (SL&G) paid its stockholders an annual dividend of $3 a share. A major brokerage firm recently put out a report on SL&G predicting that the company's annual dividends would grow at the rate of 10% per year for the next 2 years and then level off and grow at 6% thereafter. Assume the required rate of return for SL&G is 12%.

Please use the aforementioned information to answer the following questions:

(1) What is the predicted dividend next year (Year 1)?

Please answer the number without $ sign)

(2) What is the predicted dividend at the end of Year 2?

Please answer the number without $ sign)

(3) What is the predicted dividend at the end of Year 3?

Please answer the number without $ sign)

(4) What is the maximum price (intrinsic value) you should be willing to pay for this stock?