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In exactly one year, Tiger Inc stock will pay its next dividend of $6.16. For the two subsequent years, dividends will grow at -1% and

In exactly one year, Tiger Inc stock will pay its next dividend of $6.16. For the two subsequent years, dividends will grow at -1% and then 4% per year every year thereafter. If investors require a return of of 12.7%, what is a fair price for Tiger stock today? Round your answer to the nearest penny. In exactly one year, Tiger Inc stock will pay its next dividend of $6.16. For the two subsequent years, dividends will grow at -1% and then 4% per year every year thereafter. If investors require a return of of 12.7%, what is a fair price for Tiger stock today? Round your answer to the nearest penny.

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