For Each of the Following Scenarios Determine the Value as of the Beginning

question 1

Essay

For each of the following scenarios determine the value as of the beginning of 2012 of the continuing dividend:
$\begin{array}{|l|l|l|l|}\hline & \begin{array}{l}\text { Forecast of Dividend } \\\text { in year 2016 }\end{array} & \begin{array}{l}\text { Long-Run } \\\text {Growth Forecast }\end{array} & \text { Cost of Capital } \\\hline & & & \\\hline \text { Scenario A } & \$ 28 & 4 \% & 11 \% \\\hline & & & \\\hline\text { Scenario B }& \$ 54 & 9 \% & 15 \% \\\hline & & & \\\hline \text { Scenario C }& \$ 123 & 5 \% & 14 \% \\\hline & & & \\\hline\text { Amounts in thousands) } & & & \\\hline\end{array}$

Understand the legal principles surrounding the statute of limitations and waiver of warranty rights.

Grasp the concept of privity and its exceptions in the context of warranties extending to third parties.

Comprehend the conditions and limitations on disclaiming warranties within a contract.

Recognize the requirements to invoke the implied warranty of merchantability and fitness for a particular purpose.

---

Definitions:

Sights and Sounds

The visual and auditory stimuli that are experienced by an organism or detected through its sensory systems.

Consciously Attend

The deliberate focus of attention or awareness on specific stimuli or events in the environment.

Kim Phuc

Known as the "Napalm Girl," she became an icon of the Vietnam War after being photographed fleeing a napalm attack.

Communist Vietnamese

Refers to the government and supporters of the Communist Party in Vietnam, particularly during the Vietnam War era, when North Vietnam fought to unify the country under communist rule.