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Question Help Halliford Corporation plans the following repurchases $10.1 million in one year, nothing in two years, and $20.7 million in three years. After that,

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Question Help Halliford Corporation plans the following repurchases $10.1 million in one year, nothing in two years, and $20.7 million in three years. After that, it will stop repurchasing and will issue dividends totaling $24.2 million in four years. The total paid in dividends is expected to increase by 3.4% per year thereafter. If Tolo has 2 3 million shares outstanding and an equity cost of capital of 10.8%, what is its price per share today? The stock price will be $ (Round to the nearest cent.)

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