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(Estimated time allowance: B minutes) One Corp. is start-up company and therefore is not paying dividends for the next 7 years. At the following year,

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(Estimated time allowance: B minutes) One Corp. is start-up company and therefore is not paying dividends for the next 7 years. At the following year, One will start paying an annual dividend of $10 per share and thereafter it will increase the dividends by 2% 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 5 sign. Use commas to separate thousands. Use to decimals Round to the nearest cont For example if you obtain $1,432.728 then enter 1,432.72; If you obtain $432 then enter 432.00 Your

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