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Question 1 1 pts Your company is estimated to make dividends payments of $2.4 next year, $3.9 the year after, and $4.4 in the year
Question 1 1 pts Your company is estimated to make dividends payments of $2.4 next year, $3.9 the year after, and $4.4 in the year after that. The dividends will then grow at a constant rate of 6% per year. If the discount rate is 9% then what is the current stock price? (Enter the answer in dollar format without $ sign or thousands comma -> 3519.23 and not $3,519.23 or 3,519.23)
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