What are the dividends each year for the next four years

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Burton Corp. is growing quickly. Dividends are expected to grow at a rate of 31 percent for the next three years, with the growth rate falling off to a constant 7.6 percent thereafter. The required return is 12 percent and the company just paid a dividend of $1.75. What are the dividends each year for the next four years? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Year 1 $ Year 2 $ Year 3 $ Year 4 $ What is the share price in three years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Share price in 3 years $ What is the current share price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Current share price $

Reference no: EM131311796

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