1.Columbus Manufacturing's stock currently sells for $ 29.10 a share. The stock just paid a dividend...

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1.Columbus Manufacturing's stock currently sells for $ 29.10 ashare. The stock just paid a dividend of $3.50 a share(i.e.,D₀). The dividend is expected to grow at aconstant rate of 4 % a year. What stock price is expected one yearfrom now (P₁)? Round your answer to two decimalplaces.
2.Columbus Manufacturing's stock currently sells for $ 23.81 ashare. The stock just paid a dividend of $2 a share(i.e.,D₀=2). The dividend is expected to grow at aconstant rate of 5 % a year. What is the required rate of return onthe company's stock? Express your answer in percentage, and roundit to two decimal places, i.e., 13.54, for examplefor 0.1354)
3.A company has just paid a dividend of $ 4 per share,D₀=$ 4 . It is estimated that the company's dividendwill grow at a rate of 18 % percent per year for the next 2 years,then the dividend will grow at a constant rate of 5 % thereafter.The company's stock has a beta equal to 1.4, the risk-free rate is4.5 percent, and the market risk premium is 4 percent. What is yourestimate of the stock's current price? Round your answer to twodecimal places.

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1.Columbus Manufacturing's stock currently sells for $ 29.10 ashare. The stock just paid a dividend of $3.50 a share(i.e.,D0). The dividend is expected to grow at aconstant rate of 4 % a year. What stock price is expected one yearfrom now (P1)? Round your answer to two decimalplaces.2.Columbus Manufacturing's stock currently sells for $ 23.81 ashare. The stock just paid a dividend of $2 a share(i.e.,D0=2). The dividend is expected to grow at aconstant rate of 5 % a year. What is the required rate of return onthe company's stock? Express your answer in percentage, and roundit to two decimal places, i.e., 13.54, for examplefor 0.1354)3.A company has just paid a dividend of $ 4 per share,D0=$ 4 . It is estimated that the company's dividendwill grow at a rate of 18 % percent per year for the next 2 years,then the dividend will grow at a constant rate of 5 % thereafter.The company's stock has a beta equal to 1.4, the risk-free rate is4.5 percent, and the market risk premium is 4 percent. What is yourestimate of the stock's current price? Round your answer to twodecimal places.