Question: need help please A stock is expected to pay a dividend of $1.00 at the end of the year (i.e., D1 = $1.00), and it

need help please need help please A stock is expected to pay a dividend of

A stock is expected to pay a dividend of $1.00 at the end of the year (i.e., D1 = $1.00), and it should continue to grow at a constant rate of 4% a year. If its required return is 15%, what is the stock's expected price 3 years from today? Do not round intermediate calculations. Round your answer to the nearest cent. $ 10.6 %

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