Stock Valuation Finch Inc. just paid a dividend of $4.15 per share of its stock. The dividends are expected to grow at a constant rate of 5.5 percent per year, indefinitely. Investors require a 15 percen . return on the stock for the first three years, a 13 percent return for the next three years, and then an 11 percent return thereafter. What is the current share price for the stock? Nonconstant Growth Pelican Inc. is a young start-up company. No dividends will be paid on the stock over the next 9 years because the firm needs to plow back its earnings to fuel their growth. The company will pay a dividend of $16.75 per share in 10 years and will increase the dividend by 3.8 percent per year thereafter. If the required return on this stock is 12 percent, what is the current share price