Question Completion Status: QUESTION 6 1 points Save Arvower A company is growing at a constant rate of 8 percent. Last week it paid a dividend of $3.9. If the required rate of return is 15 percent, what is the price of the share three years from now? (Round to 2 decimal places) QUESTION 7 2 points Save A XYZ Ltd intends to make its first dividend payment three years from now. It then intends to pay dividends annually thereafter. The company has announced it expects the first three dividends (for years 3, 4, and 5) to all be of the magnitude of around 0.43 dollar per share. Starting in year 6, dividends should grow at a constant rate of 6.2% p.a. What figure would be closest to your valuation of XYZ Ltd's shares, given you require a 13.8% p.a. return? (Round to 2 decimal places) 2 points QUESTION 8 ABC Corporation expects to have earnings this coming year of $3 per share. ABC plans to retain 50% of its earnings for the next two years. After then, earnings and dividends will be growing at 6% per year with a retention rate of 30%. Each year, retained earnings will be invested in new projects with an expected return of 25% per year. Any earnings that are not retained will be paid out as dividends. Assume ABC's share count remains constant and all earnings growth comes from the investment of retained earnings. Assume the cost of equity is 12%. Use the above information to complete Question 8 to Question 10 *** Save All Answers Close Window Click Save and Submit to save and submit. Click Save All Answers to save all answers. OO 4. W P XN PO PE VO MacBook Air So gs | i x 5 7