Problem 9.11 Question 7 of 9 Check My Work (5 remaining) Click here to read the eBook: Constant Growth Stocks VALUATION OF A CONSTANT GROWTH STOCK A stock is expected to pay a dividend of $1.00 at the end of the year (e., D1 - $1.00), and it should continue to grow at a constant rate of 3% a year. If Its required return is 13%, what is the stock's expected price 3 years from today? Round your answer to two decimal places. Do not round your intermediate calculations. Check My Work (remaining) O. CORO