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-9-8 (similar to) Question Help In mid-2018, some analysts recommended that General Electric (GE) suspend its dividend payments to preserve cash needed for investment. Suppose

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-9-8 (similar to) Question Help In mid-2018, some analysts recommended that General Electric (GE) suspend its dividend payments to preserve cash needed for investment. Suppose you expected GE to stop paying dividends for two years before resuming an annual dividend of $1.25 per share, paid 4 years from now.growing by 3% per year. WGEs equity cost of capital in 8.7%, estimate the value of GE's shares today. The price today in (Round to the nearest cent.)

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