1. A stock's dividend in 1 year is expected to be $2.7. The dividend is expected to remain the same indefinitely. The stock's required return is 10%. The estimated value of the stock today is $________.
2. A stock is expected to pay a dividend next year of $1.9. The dividend amount is expected to grow at an annual rate of 6.4% indefinitely. Assuming a required return on the stock of 8.7% in the future, the dividend yield on the stock is ______%.
3. A stock is expected to pay the following dividends: $1.3 in 1 year, $1.6 in 2 years, and $1.8 in 3 years, followed by growth in the dividend of 8% per year forever after that point. The stock's required return is 11%. The stock's current price (Price at year 0) should be $____________.