Question: PLEASE HELP ILL UPVOTE YOUR ANSWER IF YOURE CORRECT D Question 8 0.8 pts A firm is planning on paying its first dividend of $4

PLEASE HELP ILL UPVOTE YOUR ANSWER IF YOURE CORRECT

D Question 8 0.8 pts A firm is planning on paying its first dividend of $4 three years from today. After that, dividends are expected to grow at 3% per year indefinitely. The stock's required return is 10%. What is the intrinsic value of a share today? Round your answer to the nearest two decimals. Do not use the $ symbol

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