Stock Values (LO1] The RLX Co. just paid a dividend of $3.20 per share on its stock. The dividends are expected to grow at a constant rate of 4 percent per year indefinitely. If investors require a return of 10.5 percent on the company's stock, what is the current price? What will the price be in 3 years? In 15 years? Chapter 8: Problem 1 "[W]hat is the current price? What will the price be in three years? In 15 years?" O P(O)=$2.15; P(3)=$3.08; P(15)=$6.52 P(O)=$34.40; P(3)=$34.40; P(15)=$34.40 O P(O)=$51.20; P(3)=$57.59; P(15)=$92.21 O P(O)=$61.95; P(3)=$61.95; P(15)=$61.95