Minimight Company has never paid a dividend, and there are no plans to pay dividends during the next three years. But, in four years that is, at the end of Year 4 the company expects to start paying a dividend equal to $3 per share. This same dividend will be paid for the remainder of Minimights existence. If investors require a 10 percent rate of return to purchase the companys common stock, what should be the market value of Minimights stock today?

( Hi, can you please give the answers in 4 decimals places with the right formula, also Don't use excel )