Apps Your Sodexo Retire. Chrome Web Store... Chapter 8 Homework set Saved 3 Problem 8-14 Stock Valuation (L01] 8 points Moody Farms just paid a dividend of $3.65 on its stock. The growth rate in dividends is expected to be a constant 7 percent per year indefinitely. Investors require a return of 15 percent for the first three years, a return of 13 percent for the next three years, and a return of 11 percent thereafter. What is the current share price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) eBook Hint Current share price Print References