Zoom Enterprises expects that one year from now it will pay a total dividend of $4.6 malion and repurchase $4.6 mallion worth of shares. It plans to spend $9.2 million on dividends and repurchases every year affer that forower, aithough if may not alwsys be an even split between dividends and repurchases. If Zoom's equily cost of cepital ia 12.9% and it has. 5.4 milion shares outstanding, whit is its share price todoy? The price per thure is 3 (Round to the nearest cent)