Rework Table 7,4 for horizon years 1,2,3, and 10 , assuming that investors expect the dividend and the stock price to increase at only 6% a year and that each investor requires the same 12% expected return. The company will pay a dividend of $3 at the end of the first yeste What value would an investor place on the stock? Do not round intermediate calculations. Round your answers to 2 decimal places. Rework Table 7,4 for horizon years 1,2,3, and 10 , assuming that investors expect the dividend and the stock price to increase at only 6% a year and that each investor requires the same 12% expected return. The company will pay a dividend of $3 at the end of the first yeste What value would an investor place on the stock? Do not round intermediate calculations. Round your answers to 2 decimal places