Part a. Green Tree Corporation is paying a dividend of $4 today. It expects dividends to...

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Part a. Green Tree Corporation is paying a dividend of $4 today.It expects dividends to grow at 25 percent for the next three yearsand to stabilize at 10 percent per year thereafter. If the requiredrate of return of this corporation is 15 percent, what is thecurrent price of this corporation's stock? (Answer must be shown inexcel)
Part b. What percentage of the current stock price is due to thedividends in the first three years?
Part c. What percentage of the current stock price is due to thedividends from Year 4 onwards?
Part d. Discuss the results of Parts b and c above. (2 points)

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Part a. Green Tree Corporation is paying a dividend of $4 today.It expects dividends to grow at 25 percent for the next three yearsand to stabilize at 10 percent per year thereafter. If the requiredrate of return of this corporation is 15 percent, what is thecurrent price of this corporation's stock? (Answer must be shown inexcel)Part b. What percentage of the current stock price is due to thedividends in the first three years?Part c. What percentage of the current stock price is due to thedividends from Year 4 onwards?Part d. Discuss the results of Parts b and c above. (2 points)