I need help checking my answers. I also need to see how the work is done. I am trying to understand the process and need to check my own answers against those of another person.

1.Food Inc. just announced it is increasing its annual dividend to $2.50 next year and establishing a policy whereby the dividend will increase by 4.00 percent annually thereafter. Assuming the required rate of return is 9.00 percent.

(1) What will the stock price per share be five years from now?

(2) What will the stock price per share be ten years from now?

(3) What will the stock price per share be twenty years from now?

2.ABC Company announced today that it will begin paying annual dividends next year. The first dividend will be $0.10 a share. The following dividends will be $0.20, $0.40, $0.50, and $0.60 a share annually for the following 4 years, respectively. After that, dividends are projected to increase by 4.0 percent per year. How much are you willing to pay to buy one share of this stock today if your desired rate of return is 12.0 percent?

3.XYZ Firm recently paid $3.00 as an annual dividend. Future dividends are projected at $3.50, $4.00, $4.50, and $5.00 over the next 4 years, respectively. Beginning 5 years from now, the dividend is expected to increase by 4.0 percent annually. What is one share of this stock worth to you if you require a 12.0 percent rate of return on similar investments?