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Data Table (Click on the following icon in order to copy its contents into a spreadsheet) Seart $1.30 Year 2 $1.43 Year $1.57 Year 4

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Data Table (Click on the following icon in order to copy its contents into a spreadsheet) Seart $1.30 Year 2 $1.43 Year $1.57 Year 4 $173 Year 5 $1.90 Year 6 $2.09 Year $2.30 The company will then have a constant dividend at $2 60 forever What is the Fey Fashions expects the following dividend patter over the next seven years stock's price today it an investor wants to an a. 14967 b. 23% a. What is the stock's price today if an investor wants to cam 14% (Round to the nearest cent)

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