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The required rate of return is 24.40 percent. Oriole Corp. has just paid a dividend of $3.12 and is expected to increase its dividend at a constant rate of 6.35 percent. What is the expected price of the stock three years from now? (Do not round intermediate calculations. Round answer to 2 decimal ploces, e. . 15.20.) Expected price Sandhill Departmental Stores management has forecasted a growth rate of 40 percent for the next two years, followed by growth rates of 25 percent and 20 percent for the following two years. It then expects growth to stabilize at a constant rate of 7.5 percent forever. The firm paid a dividend of $4.30 recently. If the required rate of return is 20 percent, what is the current value of Sandhill's stock? (Round all intermediate calculations and final answer to 2 decimal places, e.g. 15.25.) Current value