A stock is expected to pay a year-end dividend of $2.9, i.e., D1=$2.9. The dividend is expected to decline at a rate of 4.9% a year forever ( g=4.9% ). If the company is in equilibrium and its expected and required rate of return is 10%, what is the expected price 3 years later? (if your price is $12.34, just enter "12.34".) A stock is expected to pay a year-end dividend of $2.9, i.e., D1=$2.9. The dividend is expected to decline at a rate of 4.9% a year forever ( g=4.9% ). If the company is in equilibrium and its expected and required rate of return is 10%, what is the expected price 3 years later? (if your price is $12.34, just enter "12.34".)