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ATEM Co. will pay dividends $4, $3, and $5, at the end of years 1, 2, and 3, respectively. After that, dividends will grow at

ATEM Co. will pay dividends $4, $3, and $5, at the end of years 1, 2, and 3, respectively. After that, dividends will grow at 6% per year. If the required rate of return is 8%, what is the value of one share today?

$218.76

$217.83

$219.68

$221.54

$220.61

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