Question 7 2 points Save Answer Generic numerical entry instructions: Enter only your final numerical answer, rounded and expressed as requested and the only non-number you should enter (if appropriate) is a period as in 12.34 or a minus sign immediately in front of an answer to denote a negative number. The system will insert a comma for you for large numbers. Do not include an equals sign, dollar sign, percent sign, quotes, a space, any text, or punctuation (except the period or minus sign if appropriate). For example, if asked to round to the nearest 2 decimal places, -$1,234.567 should be entered as - 1234.57, not as -$1,234.57 with the dollar sign, not as (1234.57) with parentheses, and not as - 1234.56 which is rounded incorrectly. If asked for the nearest integer, enter 1234 and nothing else. The negative sign (if needed) should be to the left of the + sign on your keyboard. A rate of return of 12.36% rounded to the nearest 3 decimal places should be entered as 0.124, not as 12.4%, not as 0.123, not as 0.1236, etc., but only as 0.124). Please read carefully below for how your answer is to be calculated. JLK stock is forecasted to pay an annual dividend in one year of $4. The next two annual dividends are each expected to grow by 20%, and after that all annual dividends are expeced to grow by 6% per year. If the firm's equity cost of capital is 13% per year, what should the stock price be today? Express your final answer rounded and accurate to the NEAREST PENNY (.e., two decimal places). Do not include a dollar sign in your