Problem 10-35 (Algo) Common stock value based on PV calculations [LO10-5] Beasley Ball Bearings pald a \$4 dividend last year. The divdend is expected to grow at a constant rate of 5 percent over the next foul years. The required rate of return is 16 percent (this will also serve as the discount rate in this problem) Use Appendix.B for an approximate answer but calculate your final answer using the formula and financlal calculator methods. a. compute the anticipated value of the diviends for the next four years. Note: Do not round intermediate calculations. Round your final answers to 2 decimal places. b. calculate he present vatue of each of the anticipated diverends at discount rate of 16 percent: Note: Do not round intermediote calculations. Round your final answers to 2 decimal piaces. c. Compute the price of the stock at the end of the fourth year (p4). Do not round intermedlate calculations. Round your final answer to 2 declmal places. d. Calculate the present value of the year 4 stock price at a discount rate of 16 percent. Note: Do not round Intermedlate calculations. Round your final answer to 2 decimal places. e. Compute the current value of the stock. Note: Do not round intermedlate calculations. Round your final answer to 2 decimal places. 9. if current EPS were equal to $5.51 and the P.E ratio is 1.2 times higher than the industry average of 6 , what would the stock price be? Note: Do not round Intermedlate calculations. Round your final answer to 2 decimal places. h. By what dollar amount is the stock price in part g different from the stock price in part P Note: Do not round intermedlate calculations. Round your final answer to 2 decimal places. 1.Whin regard to the 5.ock ofice m part fincicate which direction-t would move if