Thress Industries just paid a dividend of $1.50 a share (i.e., D0= $1.50). The dividend is expected to grow 4% a year for the next 3 years and then 14% a year thereafter. What is the expected dividend per share for each of the next 5 years? Round your answers to the nearest cent.

1. D1= $
3. D2= $
5. D3= $
7. D4= $
9. D5= $

Constant Growth Valuation

Woidtke Manufacturing's stock currently sells for $28 a share. The stock just paid a dividend of $3.75 a share (i.e., D0= $3.75), and the dividend is expected to grow forever at a constant rate of 8% a year. What stock price is expected 1 year from now? Round your answer to the nearest cent.

$

What is the estimated required rate of return on Woidtke's stock? Round the answer to three decimal places.

%

A company currently pays a dividend of $3.75per share (D0= $3.75). It is estimated that the company's dividend will grow at a rate of 21% per year for the next 2 years, and then at a constant rate of 5% thereafter. The company's stock has a beta of 1.65, the risk-free rate is 7%, and the market risk premium is 6%. What is your estimate of the stock's current price? Round your answer to the nearest cent.

$