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You expect GDL to pay a dividend of $3 in one year, $4 in two years and $5 in 3 years. After that, you think

image text in transcribed You expect GDL to pay a dividend of $3 in one year, $4 in two years and $5 in 3 years. After that, you think dividends will grow at a constant rate of 6%. You require a return of 13% to invest in GDL. How much would you pay for a share of the company today? Answer to 2 decimal places, for example 39.12. Question 9 1 pts You buy GBT for $47. One year later, you collect a dividend of $6 and sell the share for $55. What is your percent capital gain on this investment? Answer to 4 decimals, for example 0.4321 . Question 10 1 pts JBT company just paid a dividend of $2. Dividends will grow at a constant rate of 2% forever, and the required return for the company is 13%. Suppose you buy the stock at these conditions today, but one year later investors suddenly expect the growth rate in the stock to be 5%. What is your rate of return on this investment if you sell the shares one year later? Answer to 4 decimal places, for example 0.1234

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