What is the expected value of this stock six years

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1. Gordon's Growth Inc just paid its annual dividend of $1.40. The required return is 16 percent and the dividend growth rate is 2 percent. What is the expected value of this stock six years from now?

2. If compounding is monthly, find the nominal interest rate that will make a $43,000 single payment at the end of? 4 years equivalent to a $2,000 quarterly payment over 4 years.

3. Find the accumulated value at the end of the 10th year, of a 5-year increasing annuity-due that has an initial payment of 1000, and each payment thereafter increases by 1000. All deposits earn at an annual rate of 6%, while all interest earnings are immediately reinvested at an annual rate of 3%.

Reference no: EM131886272

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