Question: Need help with second part Consider a stock that will have dividend growth rates in the next three periods of 13%, 16%, and 3%, respectively.

Need help with second part

Need help with second part Consider a stock that will have dividend

Consider a stock that will have dividend growth rates in the next three periods of 13%, 16%, and 3%, respectively. The third growth rate remains forever. The company just paid a dividend. Doof $1.075. The interest rate is 8%. How much are the dividends in periods 1, 2, and 3? Enter your answers rounded to 2 DECIMAL PLACES D1 1.21 Correct response: 1.21t0.01 D1.41 Correct response : 1.40.01 D31.45 Correct response: 1.44t0.01 Click Verify" to proceed to the next part of the question Using 1.44 as the dividend in period 3, what is the price of the stock at time 2? Enter your response below rounded to 2 DECIMAL PLACES Number

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