Question: 3 A company that currently does not pay dividends on its stock is expected to begin paying a constant $3 dividend 6 years from now.

 3 A company that currently does not pay dividends on its

3 A company that currently does not pay dividends on its stock is expected to begin paying a constant $3 dividend 6 years from now. The company is expected to maintain this constant dividend for 10 years and then cease paying dividends forever. The required return on this stocks 84. What will be the shore price 5 years from now? Do not found intermediato calculations. Round the throat answer to 2 decimal places. Omit any commas biet te sign in your response. For example, an answer of $1,000 5 should be entered as 1000.50 4 015143 Numeric Thisonte

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