Question: *Please show your work using a financial calculator and all inputs used* 11. Galloway Corp is growing quickly. Dividends are expected to increase by 20

*Please show your work using a financial calculator and all inputs used**Please show your work using a financial calculator and all inputs used*

11. Galloway Corp is growing quickly. Dividends are expected to increase by 20 percent annually for the next three years, with the growth rate falling off to a constant 4 percent thereafter. The required return is 15 percent and the company just paid its annual dividend of $5 per share. What is the current share price? (5 points)

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