WILL UPVOTE

Problem 7-8 Dividend Discount Model (LO2) Rework Table 74 for horizon years 1, 2, 3, and 10, assuming that investors expect the dividend and the stock price to increase at only 6% a year and that each investor requires the same 12% expected return. The company will pay a dividend of $4.80 at the end of the first year. (Do not round intermediate calculations. Round your answers to 2 decimal places.) PV (Dividends) PV (Terminal Price) Value per Share Horizon (years) 1 2 3 10