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vork 3 Ch 6,7,8 eBook Sblem 8-7 er Inc.'s most recent annual dividend was $3.60 a share. The firm has been growing at a consistent

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vork 3 Ch 6,7,8 eBook Sblem 8-7 er Inc.'s most recent annual dividend was $3.60 a share. The firm has been growing at a consistent 4% rate for several years, but analysts generally believe better times are ahead and future growth will be in the neighborhood of 5%. The stock is currently selling for $76. Stocks similar to Tyler earn returns ging from 8% to 10%. Calculate value for a share of Tyler at interest rate of 8%. Round the answer to two decimal places. $ Salculate value for a share of Tyler at interest rate of 9%. Round the answer to two decimal places. Calculate value for a share of Tyler at interest rate of 10%. Round the answer to two decimal places. 5 Do you think Tyler is a good investment for the long run - that is, for someone planning to hold onto it for 10 or more years? Yes Do you think it's a good investment for the short term? That is, should you buy it with the expectation of selling in a relatively short period, say a year or less? Nov Lepeat the calculations in part (a) assuming that instead of rising, Tyler's growth rate remains at 4% or declines to 3%. Round your answers to two decimal places. Erowth rate of 4%, interest rate of 8% 92.25 X rowth rate of 4%, interest rate of 9% rowth rate of 4%, interest rate of 10% owth rate of 39, interest rate of 8% owth rate of 3%, interest rate of 9% owth rate of 3%, interest rate of 10% . mment on the range of prices that you've calculated in parts (a) and (d). Eccording to the range of prices it's worth buying the stock for $76. Depending on the range of prices it's not worth buying the stock for $76. It is impossible to say whether it's a good buy or not. My Work

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