Question: Oriole Corp. is a fast-growing company whose management expects it to grow at a rate of 24 percent over the next two years and then

Oriole Corp. is a fast-growing company whose management expects it to grow at a rate of 24 percent over the next two years and then to slow to a growth rate of 18 percent for the following three years. If the last dividend paid by the company was $2.15.

-What is the dividend for the 1st year?(Round answer to 3 decimal places, e.g. 15.250.) D1$

-What is the dividend for the 2nd year?(Round answer to 3 decimal places, e.g. 15.250.)D2$

-What is the dividend for the 3rd year?(Round answer to 3 decimal places, e.g. 15.250.)D3$

-What is the dividend for the 4th year?(Round answer to 3 decimal places, e.g. 15.250.)D4$

-What is the dividend for the 5th year?(Round answer to 3 decimal places, e.g. 15.250.)D5$

-Compute the present value of these dividends if the required rate of return is 14 percent.(Round intermediate calculations and final answer to 2 decimal places, e.g. 15.25.)Present value$

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