Answer all questions below.

Problem 7-18 Supernormal Growth [LO 1] Burton Corp. is growing quickly. Dividends are expected to grow at a rate of 30 percent for the next three years, with the growth rate falling off to a constant 6.5 percent thereafter. The required return is 13 percent and the company just paid a dividend of $3.00 What are the dividends each year for the next four years? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g, 32.16) Year 1 $ Year 2 Year 3$ Year 4 What is the share price in three years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Share price in 3 years What is the current share price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Current share price