Lucent is a young firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 18% a year for the next four years and then decreasing the growth rate to 5.2% per year. The company just paid its annual dividend in the amount of $4.30 per share. What is the current value of one share if the required rate of return is 15%

Jorge is attending college next year. he just got information on the college costs and the financial aid package the college is offering. jorge knows his parents can contribute $4,500 each year. jorge’s college costs & financial aid package per year costs financial aid package tuition & fees grants & scholarship $26,000 $18,500 room & board work-study $12,500 $8,500 how much will jorge need to pay each year from his own savings and from loans? $3,000 $7,000 $7,500 $11,500