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The Starr Co. just paid a dividend of $1.20 per share on its stock. The dividends are expected to grow at a constant rate of

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The Starr Co. just paid a dividend of $1.20 per share on its stock. The dividends are expected to grow at a constant rate of 4 percent per year, indefinitely. Investors require an 10 percent return on the stock. (Do not round intermediate calculations. Round the final answers to 2 decimal places. Omit $ sign in your response.) What is the current price? Current price $ What will the price be in three years? Stock price $1 What will the price be in 10 years? Stock price $

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