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Planned Obsolescence has a product that will be in vogue for 3 years, at which point the firm will close up shop and liquidate the

Planned Obsolescence has a product that will be in vogue for 3 years, at which point the firm will close up shop and liquidate the assets. As a result, forecast dividends are DIV1=$3.50 DIV 1=$ 3.50 , DIV2=$4.00 , and DIV3=$19.50 What is the stock price if the discount rate is 12%? Note: Do not round intermediate calculations. Round your answer to 2 decimal places

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