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19 Halliford Corporation plans the following repurchases $9.7 million in one year, nothing in two years, and $19.4 million in three years. After that, it

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19 Halliford Corporation plans the following repurchases $9.7 million in one year, nothing in two years, and $19.4 million in three years. After that, it will stop repurchasing and will issue dividends totaling $25.1 million in four years. The total paid in dividends is expected to increase by 3.1% per year thereafter. If Tolo has 1.7 million shares outstanding and an equity cost of capital of 11.1%, what is its price per share today? The stock price will be $(Round to the nearest cent.) ude stry sto: Suhi apita o del N There NI Using

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