Estes Park Corp. pays a constant $$7\mathrm{.}80$ dividend on its stock. The company will maintain this

dividend for the next $13$ years and will then cease paying dividends forever. If the required return

on this stock is $11\mathrm{.}2$ percent, what is the current share price?

Current dividend

Complete the following analysis. Do not hard code values in your calculations.

Share price. Answer is an excel formula