Intro A stock just paid an annual dividend of $3.7. The dividend is expected to grow by 7% per year for the next 5 years. It will then grow by 1% per year forever. The required rate of return is 11%. A B D E G . 0.07 2 Initial growth Forever growth Required return 0.01 3 0.11 4 5 Year 0 1 2 3 4 5 6 Dividend 3.7 3.959 4.236 4.533 4.85 5.19 =F6*(1+$B1) Part 2 Attempt 2/10 for 10 pts. What is the terminal value (P5)? 0+ decimals Submit 8 Attempt 1/10 for 10 pts. Part 3 What is the current stock price? 1+ decimals Submit