UDS-PRO DOCT" Po... Pro Central Unit 3 - Chapters 6 & 9 0 Saved Problem 9-1 Stock Values 2.5 points The Nearside Co. just paid a dividend of $2.05 per share on its stock. The dividends are expected to grow at a constant rate of 7 percent per year, indefinitely. Investors require a return of 12 percent on the stock Skipped eBook a. What is the current price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What will the price be in three years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What will the price be in 10 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Hint Print References b. Current price Stock price c. Stock price Graw HEID