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The stock of Sedly Inc. is expected to pay the following dividends. Year Dividend $2.30 $3.50 $1.70 $2.20 At the end of the fourth year

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The stock of Sedly Inc. is expected to pay the following dividends. Year Dividend $2.30 $3.50 $1.70 $2.20 At the end of the fourth year its value is expected to be $37.40. What should Sedly sell for today if the return on stocks of similar risk is 11.798%7 Round PVF values in Intermediate calcualtions to four decimal places. Round the answer to two decimal places

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