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Question 11 1 pts TUV Inc., just paid a dividend of $4.53 per share on its stock. The growth rate in dividends is expected to

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Question 11 1 pts TUV Inc., just paid a dividend of $4.53 per share on its stock. The growth rate in dividends is expected to be a constant 6 percent per year indefinitely. Investors require an 19 percent return on the stock for the first three years, then a 13 percent return for the next three years, and then an 9 percent return thereafter. What is the current share price? Answer to two decimals, carry intermediate calcs. to four decimals

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