He lo company earned $2.60 per share and paid a dividend of $1.30 per share in the year just ended. earnings and dividends per share are expected to grow at a rate of 5 percent per year in the future. determine the value of the stock if the required rate of return is 12 percent.

In early january, burger mania acquired 100% of the common stock of the crispy taco restaurant chain. the purchase price allocation included the following items: $4 million, patent; $3 million, trademark considered to have an indefinite useful life; and $5 million, goodwill. burger mania's policy is to amortize intangible assets with finite useful lives using the straight-line method, no residual value, and a five-year service life. what is the total amount of amortization expense that would appear in burger mania's income statement for the first year ended december 31 related to these items?