(Estimated time allowance: 8 minutes) DDD Corp. has not paid dividends on the stock since going public and plans not to pay dividends over the next 8 years. The company will, at the end of year following year, pay a $17 per share dividend and will continue to do so every year forever. If the required rate of return on this stock is 13%, what is the current (today's) share price? Do not use the si. Use commas to separate thousands. DO NOT USE decimals. Round to the nearest DOLLAR. For example if you obtain $1432 728 then enter 1,433 or if you obtain $1,120,1321 then enter 1,120 Your Answer: Answer Previous Page Next Page Page 7 of 14