If the principal P= $700, the interest I = $546, and the time t= 6 years.

What is the rate?

What is the future value?

Interest = Principal * Rate * Time

So:
Rate = Interest / (Principal * Time)

Kate salon Inc is expected to pay a dividend next year of $.45. After that they do not plan to pay a dividend again until five years from now (time 5). At that time, they plan to pay a dividend of $.50 and increase this dividend by 15% for the two years after that to gain back shareholders. Following that they plan to adopt a policy of 4% growth each year for ever after. Kate's required rate of return is 9.76%. According to the DGM, the current price of a share of stock should be?

Sorry was trying to ask this question not answer yours.

Year 0 Year 1 Year 2 Year 3 Year 4 Year 5
Nurse Triage Salaries" $ 523,800" "$ 549,990" "$ 577,490" "$ 606,364" "$ 636,682" "$ 668,516"
Forecasted ER Cost Reductions "$ 400,000" "$ 800,000" "$ 848,000" "$ 900,577" "$ 955,512" "$ 1,013,798"
New IT Specialist's Salary "$ 150,000" "$ 154,500" "$ 159,135" "$ 163,909" "$ 168,826" "$ 173,891"
Costs of Facility Renovations "$ 30,000" "$ 0" "$ 0" "$ 0" "$ 0" "$ 0"
Necessary Capital Equipment Purchases "$ 117,000" "$ 3,510" "$ 3,510" "$ 3,510" "$ 3,510" "$ 3,510"
Net Cash Flow:
Present Values of Net Cash Flows:
Net Present Value:
IRR:
MIRR:
Payback Period (# XXXXX):
Discounted Payback Period (# XXXXX):

So