Question: plz precise correct answer Problem 15 * Intro A stock just paid an annual dividend of $2.7. The dividend is expected to grow by 8%

Problem 15 * Intro A stock just paid an annual dividend of $2.7. The dividend is expected to grow by 8% per year for the next 4 years. The growth rate of dividends will then fall steadily by 1.25% per year, from 8% in year 4 to 3% in year 8 and stay at that level forever. The required rate of return is 12%. 8 Attempt 1/10 for 10 pts. Part 1 What is the expected dividend in 8 years? 2+ decimals Submit IB Attempt 1/10 for 10 pts. Part 2 What is the expected stock price in 8 years? 0+ decimals Submit B Attempt 1/10 for 10 pts. Part 3 What is the value of the stock now? 1+ decimals Submit
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