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Hinancelsfun just paid a dividend of $1.80 on each share of its stock. The compan expects that the dividends will increase at a constant rate

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Hinancelsfun just paid a dividend of $1.80 on each share of its stock. The compan expects that the dividends will increase at a constant rate of 6 percent per year perpetuity. Investors require a 11 percent return on this company's stock. Calculate the current stock price. (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) Calculate the stock price in three years. (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) Calculate the stock price in 16 years. (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)

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