Gamma corp. is expected to pay the following dividends over the next four years: $5, $12, $18, and $1.80. afterward, the company pledges to maintain a constant 4 percent growth rate in dividends, forever. if the required return on the stock is 14 percent, what is the current share price?

Your father's employer was just acquired, and he was given a severance payment of $375,000, which he invested at a 7.5% annual rate. he now plans to retire, and he wants to withdraw $35,000 at the end of each year, starting at the end of this year. how many years will it take to exhaust his funds, i.e., run the account down to zero? a. 22.50 b. 23.63 c. 24.81 d. 26.05 e. 27.35