Question: Please answer the 4 incorrect problems. Cullumber Corp. is a fast-growing company whose management expects it to grow at a rate of 22 percent over

Please answer the 4 incorrect problems.

Please answer the 4 incorrect problems. Cullumber Corp. is a fast-growing companywhose management expects it to grow at a rate of 22 percent

Cullumber Corp. is a fast-growing company whose management expects it to grow at a rate of 22 percent over the next two years and then to slow to a growth rate of 16 percent for the following three years. If the last dividend paid by the company was $2.15. Your answer is correct What is the dividend for the 1st year? (Round answer to 3 decimal places, e.g. 15.250.) Da $ 2.623 eTextbook and Media Your answer is correct. What is the dividend for the 2nd year? (Round answer to 3 decimal places, e.g. 15.250.) D2 $ 3.200 eTextbook and Media X Your answer is incorrect What is the dividend for the 3rd year? (Round answer to 3 decimal places, e.g. 15.250.) D3 $ 3.904 eTextbook and Media x Your answer is incorrect What is the dividend for the 4th year? (Round answer to 3 decimal places, e.g. 15.250.) D4 $ 4.763 * Your answer is incorrect. What is the dividend for the 5th year? (Round answer to 3 decimal places, e.g. 15.250.) D5 $ 5.811 eTextbook and Media * Your answer is incorrect. 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 $ 13.24

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