Hello!

Can you please help, and if possible teach me how in excel?

Antiques R Us is a mature manufacturing firm. The company just paid a dividend of $7.90, but management expects to reduce the payout by 4 percent per year, indefinitely. If you require a return of 10 percent on this stock, what will you pay for a share today?(Do not round intermediate calculations andround your answer to 2 decimal places, e.g., 32.16.)

Thank you!