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These are the hisrorical dividend data for a company from Yahoo Finance. If the discount rate is 17.8%, what is the stock price for this

These are the hisrorical dividend data for a company from Yahoo Finance. If the discount rate is 17.8%, what is the stock price for this company assuming it is a constant growth stock. Also, assume you are purchasing the stock on at the end of its fiscal year. Thus, you will pay for dividends starting with next years dividends. Also, use an annual timeline. (Please make sure to not do any intermediate rounding and keep at least 6 decimal points throughout solving this problem. Round your final answer to three decimal places.) image text in transcribed
Nov 20, 2019 0.51 Dividend Aug 14, 2019 0.50 Dividend May 15, 2019 0.46 Dividend Feb 20, 2019 0.46 Dividend Nov 14, 2018 0.46 Dividend Aug 15, 2018 0.42 Dividend May 16, 2018 0.42 Dividend Feb 14, 2018 0.42 Dividend Nov 15, 2017 0.42 Dividend Aug 15, 2017 0.39 Dividend May 16, 2017 0.39 Dividend Feb 14, 2017 0.39 Dividend NI Historical growth rate for dividends: Dsum_last_4qtrs Dsum _qtrs_12 ago_9ago

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