please give formulas and calculation details step by step for year 3 and year 0 share price

Question Stack Valuation Finch Iec, juet pais a cividend of 5615 per athare of its itcode. The dividends are expected to Erow at a coentant rate af 5.5 petcent per yeat: indefinitely. lavestors require a 15 percepl retarn on the stodk for the first three earaings to foel their growth The company will pay a divilised ar 51675 per share Show full question Expert answer This solution was written by a subject matter expert. It's designed to help students like you learn core concepts. General guidance The answer provided below has been developed in a clear step by step manner. Stock valuation: Calculation of share value at the end of year 6: Explanation Please refer to solution in this step. Step 2/3 Calculation of share price at the end of year 3 : Calculation of share price at the end of year 3 : Explanation Please refer to solution in this step. Calculation of share price at year 0 : Explanation Dlazea rafar th enlution in thic etan Question Stack Valuation Finch Iec, juet pais a cividend of 5615 per athare of its itcode. The dividends are expected to Erow at a coentant rate af 5.5 petcent per yeat: indefinitely. lavestors require a 15 percepl retarn on the stodk for the first three earaings to foel their growth The company will pay a divilised ar 51675 per share Show full question Expert answer This solution was written by a subject matter expert. It's designed to help students like you learn core concepts. General guidance The answer provided below has been developed in a clear step by step manner. Stock valuation: Calculation of share value at the end of year 6: Explanation Please refer to solution in this step. Step 2/3 Calculation of share price at the end of year 3 : Calculation of share price at the end of year 3 : Explanation Please refer to solution in this step. Calculation of share price at year 0 : Explanation Dlazea rafar th enlution in thic etan