(Estimated time allowance: 8 minutes) One Corp, is start-up company and therefore is not paying dividends for the next 5 years. At the following year, One will start paying an annual dividend of $6 per share and thereafter it will increase the dividends by 4% per year forever. If the required rate of return on this stock is 9%, what is the price of this stock today? Do not use the $ sign. Use commas to separate thousands. Use to decimals. Round to the nearest cent. For example if you obtain 51,432.728 then enter 1.432.72: if you obtain $432 then enter 432.00 Answer: 124.8(77.99)