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i need the answer as formula please. Saved ? 3 Calculating stock price - Excel 5. HOME FILE VIEW INSERT FORMULAS Sign In PAGE LAYOUT

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i need the answer as formula please.
Saved ? 3 Calculating stock price - Excel 5. HOME FILE VIEW INSERT FORMULAS Sign In PAGE LAYOUT DATA REVIEW LO Arial 96 H 12 Be Cells Editing Paste BTUA Alignment Number Conditional Format as Cell Formatting Table Styles Font Styles Clipboard D13 E F G H J K A B 1 2 3 Estes Park Corp. pays a constant $7.80 dividend on its stock. The company will maintain this dividend for the next 13 years and will then cease paying dividends forever. If the required retum on this stock is 11.2 percent, what is the current share price? 4 5 6 7 8 Current dividend $ Years until dividend ceases Required return 7.80 13 11.2% 9 10 11 12 Complete the following analysis. Do not hard code values in your calculations. + Share price 13 14 15 16 17 Sheet1 READY Attempts) 100% Hint 1/3

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