Intro IBM just paid an annual dividend of $2.5 per share. The dividend is expected to grow by 5% per year. The required rate of return is 12%. Attempt 6/7 for 8 pts. Part 1 What is the best estimate of the current stock price? 35.71 Try again Try again See solution (-3 pts.) | Attempt 1/7 for 8 pts. Part 2 What is the best estimate of the stock price in 5 years? 1+ decimals Submit Attempt 1/7 for 8 pts. Part 3 What is the best estimate of the stock price in 20 years? 0+ decimals