Question: I need a detailed answer and the steps for the solution please, tysm! Problem 3. (20 points) XYZ Company's current stock price is $30 per

 I need a detailed answer and the steps for the solution

please, tysm! Problem 3. (20 points) XYZ Company's current stock price is

I need a detailed answer and the steps for the solution please, tysm!

Problem 3. (20 points) XYZ Company's current stock price is $30 per share, its last paid dividend was $2 per share, and its required rate of return is 12%. If dividends are expected to grow at a constant rate, g, in the future, what is XYZ Company's expected stock price 4 years from now? Problem 4. (20 points) TB Company is expected to pay a $1.75 per share dividend at the end of the year. The dividend is expected to grow at a constant rate of 5% a year. The required rate of return on the stock is 12%. What is the stock's current value per share

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