Booth Company dividend-based valuation with a 3-year forecast horizon has the following assumptions: . . . Cost of equity capital is 8% with discount factors of .926, .857, and .794 for years 1-3, respectively. Total dividends to common equity of $3,000, $3,300, and $3,700 for years 1- 3, respectively. Comprehensive income attributable to common shareholders is $5,000 in year 3. Book value of common shareholders' equity $7,600 at the end of year 3. The long-run growth rate is 3% for years 4 and beyond. Which of the following statements are TRUE? There are multiple TRUE statements. The forecast for Booth's year 4 dividends = $4,922 To derive the present value of Booth's continuing dividends for years 4 and beyond, multiply the year 4 dividends by [1/(.08 - .03)](.794) The present value of Booth's dividends for the 3-year forecast horizon = $8,544 To compute the total present value of Booth's dividends after adjusting for mid- year discounting, multiple the sum of the present value of forecast horizon dividends and the present value of the continuing dividends by [1+ (.08/2)]