(Estimated time allowance: 10 minutes) ECC Corp. will pay annual dividends of $17 per share for the next 6 years. At the end of year 7, ECC will increase the dividends by 1% per year forever. The required rate of return on this stock is 9 percent. What is the price of the stock today? When you enter your answer, do not enter the $ sign, DO NOT USE commas to separate thousands. Use 2 decimals and round your answer to the nearest cent. For example, if your result is $85.873 then enter 85.87 (Estimated time allowance: 17 minutes) Pera Inc. does not currently pay dividends. The company will start with an annual dividend of $14 at the end of year 3 and will pay the same amount each year until year 8 . Thereafter, it will increase the dividends by 4% per year forever. If the required rate of return on this stock is 9%, what is the price of this stock today? Do not use the \$ sign. Use commas to separate thousands. DO NOT USE to decimals. Round to the nearest cent. For example if you obtain $1,432.728 then enter 1432.72 ; if you obtain $432 then enter 432.00 Tillin Corp. is start-up company which is not paying dividends for the next 2 years. At the following year, Tillin will start paying an annual dividend of $60 per share per year until year 12 . Thereafter, Tillin will increase the dividends by 6% per year forever. The required rate of return on this stock is 23%. What is the price of this stock right after the dividend in year 12 has been paid? Do not use the $ sign. DO NOT use commas to separate thousands. DO NOT USE to declmals. Round to the nearest cent. For example if you obtain $1,432.728 then enter 1432.72 ; If you obtain $432 then enter 432.00