Prime Autos is expected to pay a $2.40 per share dividend at the end of the year. The dividend is expected to grow at a constant rate of 5.5% a year. The required rate of return on the stock. Is is 8.5%. What is the stock's current value per share? 2.) Premier Soda stock currently sells for $42.00 a share. It just paid a dividend of $2.20 a share. The dividend is expected to grow at a constant rate of 7% a year. What stock price is expected 1 year from now? What is the required rate of return? 3.) Holt Enterprises recently paid a dividend, of $2.20. It expects to have nonconstant growth of 15% for 2 years followed by a constant rate of 3.5% thereafter. The firm's required retum is 10% a. How far away is the horizon date? b. What is the firm's horizon, or continuing, value? C. What is the firm's intrinsic value today, Po? Computech Corporation is expanding rapidly and currently needs to retain all of its earnings, hence, it does not pay dividends. However, investors expect Computech to begin paying dividends, beginning with a dividend of $0.50 coming 3 years from today. The dividend should grow rapidly-at a rate of 35% per year-during Years 4 and 5, but after Year 5, growth should be a constant 7% per year. If the required return on Computech is 13%, what is the value of the stock today? 3