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A stock is expected to pay a dividend of $2.01 in 2 years from today, and then another dividend of $3.60 in 5 years from
A stock is expected to pay a dividend of $2.01 in 2 years from today, and then another dividend of $3.60 in 5 years from today, and then another dividend of $2.09 in 8 years from today. The Stock is expected to be priced at $84 in 3 years from today. If the annual return is expected to be 9%, then what is the price of the stock today? (round to the nearest cent)
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