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Question 8 1 pts You expect GDL to pay a dividend of $2 in one year, S4 in two years and $5 in 3 years.

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Question 8 1 pts You expect GDL to pay a dividend of $2 in one year, S4 in two years and $5 in 3 years. After that, you think dividends will grow at a constant rate of 5%. You require a return of 9% to invest in GDL How much would you pay for a share of the company today? Answer to 2 decimal places, for example 39.12

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