Question: Please help, I'm stuck with this problem! Please include the answer as an excel formula. 1 2 3 Estes Park Corp. pays a constant $7.80

Please help, I'm stuck with this problem! Please include the answer

Please help, I'm stuck with this problem! Please include the answer as an excel formula.

1 2 3 Estes Park Corp. pays a constant $7.80 dividend on its stock. The company will maintain this dividend for the next 13 years and will then cease paying dividends forever. If the required return on this stock is 11.2 percent, what is the current share price? 4 s 6 7 Current dividend Years until dividend ceases Required return 7.80 13 11.2% 8 9 LO Complete the following analysis. Do not hard code values in your calculations. 11 L2 13 14 5 Share price

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