Assume Gillette Corporation will pay an annual dividend of $0.61 one year from now. Analysts expect this dividend to grow at 11.3% to the dividend-discount model, what is the value of a share of Gillette stock if the firm's equity cost of capital is 8.3 %? EXIT The value of Gillette's stock is $. (Round to the nearest cent.) Assume Gillette Corporation will pay an annual dividend of $0.61 one year from now. Analysts expect this dividend to grow at 11.3% per year thereafter until the 5th year. Thereafter growth all level off at 17% per year to the dividend-discount model, what is the value of a share of Gillette stock if the fim's equity cost of capital is 8.3%? The value of Gillette's stock is $(Round to the nearest cent.) 4