Please try and answer all questions with work

Microtech Corporation is expanding rapidly, and it currently need to retain all of its earnings; hence it does not pay any dividends. However, investors expect Mircrotech to begin paying dividends, with the first dividend of $1.00 coming 3 years from today. The dividends should grow rapidly-at a rate of 50% per year-during years 4 and 5 . After year 5, the company should grow at a constant rate of 8% per year. If the required return on the stock is 15%, what is the value of the stock today? 4. What is the term structure of interest rates, and what is the yield curve? Describe and draw a normal yield curve and an inverted yield curve. (5) 5. 6. You purchased a 5-year annual interest coupon bond one year ago. Its coupon interest rate was 6% and its par value was $1,000. At the time you purchased the bond, the yield to maturity was 4%. You sold the bond after receiving the first interest payment and the bond's yield to maturity had changed to 3%-What is your total benefit (gain or loss in dollars) from holding this bond? (9) KL Airlines paid an annual dividend of $1.42 a share last month. The company is planning on paying S1.50, $1.75, and $1.80 a share over the next 3 years, respectively After that, the dividend will be constant at $2 per share per y of this stock if the market rate of return is 10.5 percent? (9) 7. A bond has a par value of $1,000, a time to maturity of 10 years, and a coupon rate of 8% with interest paid semi-annually. If the current market price is $750, what is the yield to maturity for this bond? What would happen to this bond's price if yield to maturity suddenly dropped to 3.5%? (9) 8