General Importers announced that it will pay a dividend of $2.00 per share one year from today. After that, the company expects a slowdown in its business and will not pay a dividend for the next 6 years. Then, 8

years from today, the company will begin paying an annual dividend of $1.00 forever. The required return is 10.00 percent. What is the price of the stock today?

TOEN Remaining Time 1hour, 39 minutes, 36 seconds Question Completion Statu 1000S Question of 17 Mang to anaher question w save this reco 2 points Question General importers announced that it will pay a dividend of 52 00 per share one year from today After that, the company expects a slowdown in a business and will not pay a dividend for the next years. Then, a dividend of $1.00 forever The required returns 10.00 persent What is the price of the stock today? years from today the company will begin paying Question of 17 A Moving anaher question will save this respone MacBook Air 80 4 & 2 r 1 # 3 r $ 4 ESE 2 W % 5 0 A 6 7 38 7 V * 8 11 A FF 1 9 A S O 41 w Moving to another question will save this response. Question of 17 Question 9 2 points Jubre A General Importers announced that it will pay a dividend of $2.00 per share one year from today. After that, the company expects a slowdown in its business and will not pay a dividend for the next 5 years. Then, years from today, the company will begin paying an annual dividend of $1.00 forever. The required return is 10.00 percent. What is the price of the stock today? Question of 17