Symon's Suppers Co. has announced that it will pay a dividend of $4.15 per share one year from today. Additionally, the company expects to increase its dividend by 4 percent annually. The required return on the company's stock is 10.2 percent. What is the current share price?

Sander's Supplies has paid a constant dividend of $2.15 a share for the past 20 years. Yesterday, the firm announced that the dividend will increase next year by 5 percent and will stay at the level for three years, after which time the dividends will increase by 4 percent annually. The required return on this stock is 9 percent. What is the current value per share? Show your calculations.

A)$43.49
B)$56.42
C)$54.07
D)$41.97
E)$48.82

Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on the stock over the next nine years because the firm needs to plow back its earnings to fuel growth. The company will pay a $14 per share dividend 10 years from today and will increase the dividend by 6 percent per year thereafter. If the required return on this stock is 14 percent, what is the current share price?