Protsky inc. paid a dividend of $2.20 per share this year. the dividend growth rate for protsky's dividends is 3 percent per year. if the required rate of return on protsky stock is 12 percent, the stock should be valued at $ per share according to the dividend discount model.

since the options are not listed, when you are working on your budget you should also add water, tv, internet, miscellaneous and your 'fun' money for in your budget. when budgeting, you need to allow for fun money, and mis/accidental money so that you stick to the budget and not go crazy because you feel strapped to the budget.