Intro A stock is expected to pay its first annual dividend in 5 years. The dividend is expected to stay constant at $1.1 per year for 18 years and then grow at 5% annually forever. The required rate of return is 12%. (hint: non-standard dividends; two-stage) - Attempt 1/3 for 10 pts. Part 1 What should be the stock price now? 2+ decimals Submit