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Oid Comm Corp. is an old company in an industry which is declining. You are tyyng to determine what a fair price for the company

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Oid Comm Corp. is an old company in an industry which is declining. You are tyyng to determine what a fair price for the company would be given these facts, You know the firm just paid a dividend of $3.01. You expect the industry to shrink by 13.3% a year and assume this can be used as the firm's growth rate, Your estimated discount rate for the firm is 10.9\%, Given your assumptions, what should be the pnce of Old Comm Corp? Answer with dollars and cents

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