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Shah Corporation just paid a dividend of $1.65. The company expects that its dividend will decline at 2% for the next five years, with 1.5%

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Shah Corporation just paid a dividend of $1.65. The company expects that its dividend will decline at 2% for the next five years, with 1.5% perpetual decline after this period. An appropriate discount rate for the risk of the company's stock is 10.59%. Based on the given information, what should the price of Shah Corporation stock be today? 10.92 $10.11 $13.17 None of the given answers is correct $19.30

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