Question: Question 3 (of 4) value: 25.00 points Problem 6-17 Netscrape Communications does not currently pay a dividend. You expect the company $2.6 per share dividend

Question 3 (of 4) value: 25.00 points Problem 6-17 Netscrape Communications does not currently pay a dividend. You expect the company $2.6 per share dividend in 15 years, and you expect dividends to grow perpetually at 3.6 percent per year to begin payinga much is th e stock currently worth? (Do not round thereafter. If the discount rate is 13 intermediate calculations. Round your answer to 2 decimal places. Omit the "$"sign in your response percent, Price

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