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The Starr Co. just paid a dividend of $1.95 per share on its stock. The dividends are expected to grow at a constant rate of

The Starr Co. just paid a dividend of $1.95 per share on its stock. The dividends are expected to grow at a constant rate of 3 percent per year, indefinitely. Investors require an 11 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 $

What will the price be in 6 years?

Stock price $

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