IPPKhap- PowerPort nk Teeln Home Design Transitions Animations Slide Show Kee Ve Pers Tel me what vant do. Dr. Mehamimad Tyeh R Sharn Fie Insert Color Thickness Pen Highighe firaser Lao Seiect Select...

Extracted text: IPPKhap- PowerPort nk Teeln Home Design Transitions Animations Slide Show Kee Ve Pers Tel me what vant do. Dr. Mehamimad Tyeh R Sharn Fie Insert Color Thickness Pen Highighe firaser Lao Seiect Select Objects Stop to Shape Iniring Convert wte Pen Ink Art Clase Homework • Fintech company just paid a dividend of $3.00 per share. The dividends are expected to grow at a 15 percent rate for the next five years and then level off to a 3.5 percent growth rate indefinitely. If the required return is 10 percent, what is the value of the stock today? 32 33 • The Arab Bank does not currently pay a dividend. You expect the bank to begin paying a $6 per share dividend during the next 3 years, $7 per share dividend during the next 2 years and $5 per share dividends during the following year, and you then expect dividends to grow perpetually at 6 percent per year thereafter. If the discount rate is 12 percent, how much is the Arab Bank's stock currently worth? 34 35 36 633 LE Sude 2