Question: Ultiplete this assignment. Intro A stock is expected to pay its first annual dividend in 5 years. The dividend is expected to be constant at

Ultiplete this assignment. Intro A stock is expected to pay its

Ultiplete this assignment. Intro A stock is expected to pay its first annual dividend in 5 years. The dividend is expected to be constant at $1.3 per year and for 23 years. The company will stop paying dividend after that. The required rate of return is 14%. Attempt 1/2 for 10 pts. Part 1 What should be the stock price now? 2+ decimals Submit

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