Auston Matheson Scoring Inc. just issued some new preferred shares. This issuance will pay a $20 annual dividend in perpetuity, beginning 20 years from now.

a) It's a rookie company, but rising to the top fast! If investors require a 5.8% return on this investment, how much do these shares cost today? P(0) =

b) Connor McDonald Ltd. will pay a $3.40 dividend per share next year. The company pledges to increase its dividends by 4.5% per year indefinitely. If you require an 11% return on your investment, how much will you pay for a share today? P(0) =

c) Stanley Corporation is expected to pay the following dividends over the next four years: $12, $8, $7, and $2.50.   Afterward, the company pledges to maintain a constant 5% growth rate in dividends forever.  If the required return on the stock is 12%, what is the current share price? P(0) =