Question: I need the correct answer please X Your answer is incorrect. Sunland Supplies Ltd. currently doesn't pay any dividends but is expected to start paying

I need the correct answer please

X Your answer is incorrect. Sunland Supplies Ltd. currently doesn't pay any dividends but is expected to start paying dividends in five years. The first dividend is expected to be $1.50 and is expected to grow at 6.0 percent thereafter. The required rate of return for the firm is 10.0 percent. What Is Sunland's current stock price? (Round intermediate calculations to 3 decimal places, es. 20.417 and the final answer to 2 decimal places, eg. 15.61.) Stock price S 25.61

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