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5 points SA Copy of You are trying to value the stock of Cowbell Inc. You know that the firm only usos dividends to return

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5 points SA Copy of You are trying to value the stock of Cowbell Inc. You know that the firm only usos dividends to return cash to its investors and you have forecasted the dividends for the 4 years (See table below. You believe that dividends will grow at a constant rate of 3% each year after year 4 The cost of equity is 11%. Given this information estimate the share price for Cowboll Inc Round your answer to two decimals (do not enter the S-symbol in your answer) Dividend Forecasts Year 1 1.9 2 2 3 1.2 22 1 Dividend per Share (in S) 6

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