This is the 4th time submitting the same question. All previous answers were wrong on the last part.

I'm looking for the answer using ONLY the data provided. The answer has to be in formulas and it's restricted ONLY on the data provided.

1 2 3 Maloney, Inc., has an odd dividend policy. The company has just paid a dividend of $3.50 per share and has announced that it will increase the dividend by $4.50 per share for each of the next five years, and then never pay another dividend. If you require a return of 11 percent on the company's stock, how much will you pay for a share today? 4 5 6 Current dividend Dividend growth Required return $ $ 7 3.50 4.50 11% 8 9 10 11 Complete the following analysis. Do not hard code values in your calculations. 12 13 14 15 16 Year 1 2 3 4 5 A A A A A Dividend 8.00 12.50 17.00 21.50 26.00 17 18 19 20 Share price 21