John's company asked him to make recommendations for new hardware and software to replace the existing marketing-information system. what should he recommend?

The software that John needs to recommend to their company is the software that could be used by decision makers in which it will only provide minimum training. These will help those who are going to use these kind and to those who are going to train them because it is more easy and reliable for his co-workers.

Answer and Explanation:

The computation is shown below:

1.

Current price = D1 ÷ (Required return - Growth rate)

= (2.15 × 1.04) ÷ (0.105 - 0.04)

= $34.4

2. the stock price be in 3 years is  

= $34.4 × (1.04)^3

= $38.70

3. the stock price be in 15 years is  

= $34.4 × (1.04)^15

= $61.95

Hence, the same should be relevant for the above calculations