Question: When inputting an answer, the sheet automatically displays the required decimal places. If you need to use a calculated number for further calculations, DO NOT

When inputting an answer, the sheet automatically displays the required decimal places. If you need to use a calculated number for further calculations, DO NOT round until after all calculations have been completed. For the final answer, Round to the required decimal places. Q4) Magnetic Corporation expects dividends to grow at a rate of 14.88% for the next two years. After two years, dividends are expected to grow at a constant rate of 4.84%, indefinitely. Magnetic's required rate of return is 14.69% and they paid a $2.10 dividend today. Compute the following for Magnetic Corporation's common stock: a) Dividend at end of year 1:(0.5 points ) b) Dividend at end of year 2:(0.5 points ) c) Dividend at end of year 3:(0.5 points ) d) Price of stock at end of year 2 : (1 point) c) Price of stock today : (1 point)
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