Question: This is a 3 part question. please answer all or none at all. thank you. Roadrunner Enterprises just paid a dividend of $3.00 per share.

This is a 3 part question. please answer all or none at all. thank you.  This is a 3 part question. please answer all or none
at all. thank you. Roadrunner Enterprises just paid a dividend of $3.00

Roadrunner Enterprises just paid a dividend of $3.00 per share. The dividends are expected to grow at 20% per year for the next 6 years, and then level off to 4% per year indefinitely. If the required return is 12%, estimate the dividend at the end of 6 years. A Less than $7.00 B) $7.00 to $8.00 (C) $8.00 to $9.00 D) $9.00 to $10.00 E) More than $10.00 6) For Roadrunner Enterprises, estimate anner Enterprises, estimate the fair market value (FMV) of the stock at the end of 6 years. A) Less than $80.00 B) $80.00 to $100.00 C) $100.00 to $120.00 D) $120.00 to $140.00 E) More than $140.00 7) For Roadrunner Enterprises, estimate the fair market value (FMV) OF the stock now. A) Less than $80.00 B) $80.00 to $100.00 C) $100.00 to $120.00 80 D) $120.00 to $140.00 E) More than $140.00

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