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Stock Valuation (LO1) Talcville Farms just paid a dividend of ( $ 3.20 ) on its stock. The growth rate in dividends is expected to

Stock Valuation (LO1) Talcville Farms just paid a dividend of \\( \\$ 3.20 \\) on its stock. The growth rate in dividends is expected to be a constant \5per year indefinitely. Investors require a \15return on the stock for the first three years, a \13return for the next three years, and an 11\\% return thereafter. What is the current share price? SHOW FULL WORKINGS

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