Question: I'm stuck with this problem please help. Please include answers in excel formula. Thanks! A B D E F H J K L N 1

 I'm stuck with this problem please help. Please include answers in

I'm stuck with this problem please help. Please include answers in excel formula. Thanks!

A B D E F H J K L N 1 2 3 Maloney, Inc., has an odd dividend policy. The company has just paid a dividend of $3.50 per share and has announced that it will increase the dividend by $4.50 per share for each of the next five years, and then never pay another dividend. If you require a return of 11 percent on the company's stock, how much will you pay for a share today? 4 Current dividend Dividend growth Required return $ $ 7 3.50 4.50 11% 8 9 10 11 Complete the following analysis. Do not hard code values in your calculations. 12 13 Dividend 14 15 Year 1 2 3 4 5 16 17 18 19 20 Share price 21 22 Sheet1

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