Question: Consider a stock that will pay out a dividends over the next 3 years of $1.35, $1.9, and $2.2. respectively. The price of the stock

Consider a stock that will pay out a dividends over the next 3 years of $1.35, $1.9, and $2.2. respectively. The price of the stock will be 530 47 at time 3. The interest rate is 8%. What is the current price of the stock? Enter your response below rounded to 2 DECIMAL PLACES Number

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