Question 1 of 76 Question 1 Spoints The ABC Co. just paid a dividend of S3.4 per share on its stock. The dividends are expected to grow at a constant rate of 8.7% per year indefinitely. If investors require a 9.7% return on The ABC Co stock, answer the following: (Do not round intermediate calculations. Round the final answers to 2 decimal places. Omit S sign in your response.) What will the price be in 11 years