Question $3$

Note: for each calculation step $($including intermediate atepsl, retain two decimal places michout rounding, Provide your final answers with two decimal places, witheut rounding. Fiease note that no credit mill be given for approaimate anowers derived from calculations that do not adhere to the two$-$decimal place rule.

a$)$ Hurtington industries fust paid a dividend of $00=5450.$ Analysts eqpect the companys dividend to gou by $200$ this year, by bert entimate of the gochs ourert malket volue?

Bl Dollar General Compuny's lant dividend was $$400.$ The dividend gowoh rant is eppected no be constare ar $15$ ss for $2$ years, atter which dividends are expected ts grow at a rate of $7\mathrm{.}0$ w forever. The firms requind mern $|n|$ is $12\mathrm{.}0$ N $.$ what is the best estimate of the urrmet itsoct price?

do Bro is a new firm in a rapidy erowing induntry mating electric cars. The company is plarring on inoresing is annual dividend by is percert a year for the rect four years and then decreaing the gowth rabe to $3\mathrm{.}5$ percert per year. The conpany junt paid its $155$ percent?