Homework #5 (Ch 7, Ch 8) Saved Help Save & Exi Submit 9 FinancelsFun just paid a dividend of $1.30 on each share of its stock. The company expects that the dividends will increase at a constant rate of 4 percent per year in perpetuity. Investors require a 14 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.) points Current price Slopped 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.) Print Stock price Calculate the stock price in 12 years. (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) Stock price Mc Graw K Prev9 of 10Next