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D Question 11 Ayure of stock is expected to pay a dividend of $1.25 in Year 1, $2.00 in Year 2, $3.25 in Year 3,

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D Question 11 Ayure of stock is expected to pay a dividend of $1.25 in Year 1, $2.00 in Year 2, $3.25 in Year 3, $5.00 Year, and then to grow at an annual rate of 5.0 percent per year. Investors require a 12.0 percent return for this stock. Given this information, determine what the price of this stock should be a Year 22

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