1. Assume you require 9% return. A company has common stock which just paid a dividend of $1.0000 (at moment 0). Dividends forecast to grow 20% for the upcoming five years (years 1-5). After year 5, the growth of the stock's dividends is expected to slow to a sustainable rate and the stock will have a market value (forecasted price) of $65.3184 at the end of year 5. What is the maximum price you should pay for this stock at the present moment?

Enter your answer as a monetary amount rounded to four decimal places, but without the currency symbol. For example, if your answer is $90.1234, enter 90.1234

2. Assume you require 9% return. A company has common stock which just paid a dividend of $1.00 (at moment 0). Dividends forecast to grow 20% for the upcoming five years (years 1-5). After year 5, the growth of the stock's dividends is expected to change to a sustainable rate of 5% forever. What is price is predicted for this stock at the end of year 5 (i.e., what is the terminal value)?

Enter your answer as a monetary amount rounded to four decimal places, but without the currency symbol. For example, if your answer is $90.1234, enter 90.1234

3. Assume you require 9% return. A company has common stock which just paid a dividend of $1.00 (at moment 0). Dividends forecast to grow 20% for the upcoming five years (years 1-5). After year 5, the growth of the stock's dividends is expected to change to a sustainable rate of 5% forever. What is the maximum price you should pay for this stock at the present moment?

Enter your answer as a monetary amount rounded to four decimal places, but without the currency symbol. For example, if your answer is $90.1234, enter 90.1234

4. A company has common stock which just paid a dividend of $1.00 (at moment 0). For the next five years, the dividends are expected to grow 20% per year, then growth will slow to a sustainable rate. At the end of year 5, the stock is expected to have a dividend payout ratio of 40% and PE ratio of 10.50 times. What is price is predicted for this stock at the end of year 5 (i.e., what is the terminal value)?

Enter your answer as a monetary amount rounded to four decimal places, but without the currency symbol. For example, if your answer is $90.1234, enter 90.1234

5. A company has common stock currently selling for $26.25. It is expected to pay a dividend of $1.05 one year from now, and dividends are expected to grow 5% per year forever. What percent rate of return is implied by this?

Enter your answer as a percentage with two decimal places, but without the percent symbol. For example, if your answer is 90.1234%, enter 90.12

6. A company has common stock currently selling for $26.25. It is expected to start paying a dividend one year from now, and dividends are expected to grow 5% per year forever. If you require 9% return, what must next year's dividend be?

Enter your answer as a monetary amount rounded to four decimal places, but without the currency symbol. For example, if your answer is $90.1234, enter 90.1234