Question: please show all work for bthank you Applied Materials just paid an annual dividend of $2.10 a share. The firm expects to pay dividends forever

please show all work for "b"thank you

Applied Materials just paid an annual dividend of $2.10 a share. The firm expects to pay dividends forever and to increase the dividend by 5 percent annually . What is the current value of the stock if the discount rate is 14 percent? (Worth 4 points) Dz D3Dt (1-12 (1-163 (1-K)" - DDM -4 Po = B. What is the expected value of this stock six years from now if the discount rate is 14 percent? (Worth 4 points)

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