a) 3 marks Place your final answer here: Summit Mountain Climbing Supplies Ltd. just paid a cash dividend of $ 1.90. Investors want a 8.25% return. If the dividend is Show your work below for full marks D. Current Value: D1 Po=D1/(-9) Po- rs 9 b) 6 marks Place your final answer here: Develop a current stock value for a firm that is expected to have extraordinary growth of 18% for four years, after which it will face more competition and slip into a constant growth rate of 6%. Its required return is 9.25% and next year's dividend is expected to be $2.15. Show your work below for full marks r= 0 92 9. = 2 3 4 1 D D2 D3 DA Ds PV 11 D- D2= Dg= D4 = PV of P = Price using constant growth from year 3 onward: P4= Ds/(r-g) P4= Stock Value = Po- a) 3 marks Place your final answer here: Summit Mountain Climbing Supplies Ltd. just paid a cash dividend of $ 1.90. Investors want a 8.25% return. If the dividend is Show your work below for full marks D. Current Value: D1 Po=D1/(-9) Po- rs 9 b) 6 marks Place your final answer here: Develop a current stock value for a firm that is expected to have extraordinary growth of 18% for four years, after which it will face more competition and slip into a constant growth rate of 6%. Its required return is 9.25% and next year's dividend is expected to be $2.15. Show your work below for full marks r= 0 92 9. = 2 3 4 1 D D2 D3 DA Ds PV 11 D- D2= Dg= D4 = PV of P = Price using constant growth from year 3 onward: P4= Ds/(r-g) P4= Stock Value = Po