What is the dividend for the 1st year

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Oriole Corp. is a fast-growing company whose management expects it to grow at a rate of 24 percent over the next two years and then to slow to a growth rate of 16 percent for the following three years. If the last dividend paid by the company was $2.15.

What is the dividend for the 1st year? (Round answer to 3 decimal places, e.g. 15.250.)

D1$

What is the dividend for the 2nd year? (Round answer to 3 decimal places, e.g. 15.250.)

D2$

What is the dividend for the 3rd year? (Round answer to 3 decimal places, e.g. 15.250.)

D3$

What is the dividend for the 4th year? (Round answer to 3 decimal places, e.g. 15.250.)

D4$

What is the dividend for the 5th year? (Round answer to 3 decimal places, e.g. 15.250.)

D5$

Compute the present value of these dividends if the required rate of return is 14 percent. (Round intermediate calculations and final answer to 2 decimal places, e.g. 15.25.)

Present value$

Reference no: EM132564598

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