(Answered) 5 abcs next dividend is expected to be 798 its required

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5. ABC's next dividend is expected to be $7.98, its required return is 17%, its growth rate is 3%. What is ABC's expected stock price in 8 years?

6. ABC Company's last dividend was $0.8. The dividend growth rate is expected to be constant at 9% for 4 years, after which dividends are expected to grow at a rate of 5% forever. The firm's required return (rs) is 14%. What is its current stock price (i.e. solve for Po)?

8. XYZ Company's credit terms are 1/3 net 29. The company estimates that 69% of the customers will take the cash discount. What is the average collection period?

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