Question: please provide me with steps and the answer for 6-9 Q7. Bayou Okra Farms just paid a dividend of $2.65 on its stock. The growth

 please provide me with steps and the answer for 6-9 Q7.

please provide me with steps and the answer for 6-9

Q7. Bayou Okra Farms just paid a dividend of $2.65 on its stock. The growth rate in dividends i expected to be a constant 4.5 percent per year indefinitely. Investors require a return of 15 percent for the first three years, a return of 13 percent for the next three years, and a return of 11 percent thereafter. What is the current share price? Q8. Maloney, Inc., has an odd dividend policy. The company has just paid a dividend of S3.50 per share and has announced that it will increase the dividend by $4.50 per share for each of the next five years, and then never pay another dividend. If you require a return of 11 percent on the company's stock, how much will you pay for a share today? 09. Synovee Co. is growing quickly. Dividends are expected to grow at a rate of 30 percent for the next three years, with the growth rate falling off to a constant 4 percent thereafter. If the required return is 11 percent, and the company just paid a dividend of S2.15, what is the current share price

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