Question: please show all work and equations and ill rate thumbs up! thank you! 3. (10 points) Computational Suppose a firm is expected to increase dividends

 please show all work and equations and ill rate thumbs up! please show all work and equations and ill rate thumbs up! thank you!

3. (10 points) Computational Suppose a firm is expected to increase dividends by 25% in one year and by an additional 15% in two years. After that dividends will increase at a rate of 3% per year indefinitely. If the last dividend was $0.50 and the required return is 10%, what is the price of the stock? 4. (5 points) Computational Animal Rites R Us has succeeded in a hostile take over of Punt the Puppy Co. Currently, the new company sells 15 widgets at $25 each, 20 gidgets at $40 each and 25 slidgets at $5 each. Because of the new company's focus, the company is considering changing its product line. If the company changes its product line, it estimates that is can sell 20 widgets at $18 each, 30 gidgets at $28 each and 40 slidgets at $6 each. What is the incremental cash flow

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