Question: Accessibility tab summary: Students please use the information below to complete the question completing the required cells. Given information for this question is presented in

Accessibility tab summary: Students please use the information below to complete the question completing the required cells. Given information for this question is presented in rows 6 through 11. The required answers are in rows 17 through 19.
The RLX Co. just paid a dividend of $3.20 per share on its stock. The dividends are expected to grow at a constant rate of 4 percent per year indefinitely. If investors require a return of 10.5 percent on the companys stock, what is the stock price in 2 years? What will the price be in 3 years? In 15 years?
Input area:
Dividend paid $3.20
Dividend growth rate 4%
Required return 10.50%
Year for price 2
Year for price 3
Year for price 15
(Use cells A6 to B11 from the given information to complete this question.)
Output area:
Price in 2 years
Price in 3 years
Price in 15 years

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