Maloney, Inc., has an odd dividend policy. The company has just paid a dividend of $3.50per share and has announced that it will increase the dividend by $4.50 per share for each of the next five years, and then never pay another dividend. If you require a return of 11 percent on the company's stock, how much will you pay for a share today? Current dividend Dividend growth rate Required return Price in Year Price in Year Price in Year $ 1.95 4% 10.5% 0 3 15 Complete the following analysis. Do not hard code values in your calculations. Dividend in one year Price today Dividend in 4 years Price in 3 years Dividend in 16 years Price in 15 years