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cy Bower Assignment 5A-Graded Remaining Time: 08:43:43 Currently, Aerosmith Inc. pays no dividends. However, analysts forecast that in 4 years Aerosmith Inc. will pay

cy Bower Assignment 5A-Graded Remaining Time: 08:43:43 Currently, Aerosmith Inc. pays no dividends. However, analysts forecast that in 4 years Aerosmith Inc. will pay its first annual dividend of $2.9 and dividends will grow at 3.3% per year thereafter. If stocks with similar risk to the equity of Aerosmith Inc. currently earn 13.3%, estimate the current share price of Aerosmith Inc. Enter your answer below rounded to 2 DECIMAL PLACES. Number

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