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Variable Growth Rate Valuation 1. GEF Corporation is expected to pay a constant dividend for the next three years. In the fourth year, the dividends

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Variable Growth Rate Valuation 1. GEF Corporation is expected to pay a constant dividend for the next three years. In the fourth year, the dividends will begin to grow constantly by 1.3%. If this year's dividend was $3.00 and the appropriate discount rate is 7%, what should the current price of GEF stock? 2. JKH Corporation is expected to pay the following dividends, d, =$1.34; d = $1.78; d = $2.01, for the next three years. The dividends will to grow constantly by 2.4%, and the appropriate discount rate is 7%, what is the current price of JKH stock? 3. What is the price of XZZ common stock if do = $2.00 and is expected to increase for three years Thereafter, it will increase at 2% and r = 7%. 10%? 4. YHT Corporation is expected to pay a dividend growing at 30% for the next three years. In the fourth year, the dividends will begin to grow constantly by 1.5%. If this year's dividend was $5.00 and the appropriate discount rate is 13%, what is the current price of YHT stock

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