universal laser inc just paid a dividend of $3.35 on its stock, growth rate is expected...

universal laser inc just paid a dividend of $3.35 on its stock, growth rate is expected to be constant 4% indefinitely. Investors require a return of 16% for first 3 yrs , 14%for next 3 yrs and 12% thereafter.What is the current share price of the stock.

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Universal Laser, Inc., just paid a dividend of $3.35 on its stock. The growth rate in...

Universal Laser, Inc., just paid a dividend of $3.35 on its stock. The growth rate in dividends is expected to be a constant 4 percent per year indefinitely. Investors require a return of 16 percent on the stock for the first three years, a return of 14 percent for the next three years, and then a return of 12 percent thereafter. What is the current share price for the stock?

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Moody Farms just paid a dividend of $3.75 on its stock. The growth rate in dividends is expected to be a constant 5 percent per year indefinitely. Investors require a return of 13 percent for the first three years, a return of 11 percent for the next three years, and a return of 9 percent thereafter. What is the current share price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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