Homework #5 (Ch.7, Ch.80 Saved Help Save & Exit Submit "Finance3000" is a young start-up company. It wll not pay any dividends on its stock over the next nine years because it plans to use retained earnings on expanding its business. "Finance3000" will pay a $12 per share dividend 10 years from today. After that the company wil increase the dividend by 4 percent per year, in perpetuity. The required return on this stock is 13 percent. Calculate the value of one share of "Finance3000"s stock. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) points SkoppedCurrent share price Print Mc Graw Prev 70f 10 Next >