Question: annual dividend is $5.63 required return 9.7% Good point. How much is their stock worth if they were to stop growing their dividend at 3.3%

annual dividend is $5.63
required return 9.7%  annual dividend is $5.63 required return 9.7% Good point. How much

Good point. How much is their stock worth if they were to stop growing their dividend at 3.3% after 3 years and instead grow at 2.2% after that, indefinitely? (Hint: Round intermediate calculations and answer to 2 decimal places)

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