Question: Queen B Corp. has a current annual cash dividend policy of $3.00. The price of the stock is set to yield 11% return. What is

Queen B Corp. has a current annual cash dividend policy of $3.00. The price of the stock is set to yield 11% return. What is the price of this stock today if the dividend will be paid for 7 year and then a liquidating final dividend of $40.00
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