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Suppose Intel Co. plans to pay a dividend of $3.25 in one year (year 1) and $1.25 in two years (year 2). Following this, the

Suppose Intel Co. plans to pay a dividend of $3.25 in one year (year 1) and $1.25 in two years (year 2). Following this, the company will not pay any dividends for 5 years. At the end of year 7 (year 7), the company will start paying a fixed annual dividend of $3.50 per share every year for eternity. If Intel Co.s equity cost of capital is 14.00%, what is its current price?

use equations only pls

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