SD, Inc., just paid a dividend of $2.28 per share on its stock. The growth rate in dividends is expected to be a constant 3.3 percent per year indefinitely. Investors require a return of 21 percent on the stock for the first three years, then a 16 percent return for the next three years, and then a 14 percent return thereafter. What is the current share price?

Question 1 of 13 Moving to another question will save this response. 20 points Seved Question 1 50, Ind, just paid a dividend of $2.28 per share on its stock. The growth rate in dividends is expected to be a constant 3.3 percent per year indefinitely investors require a return of 21 percent on the stock for the first three years, then a 16 percent return for the next three years, and then a 14 percent return thereafter. What is the current share price