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Tolo Co plans the following repurchases $10.1 million in one year, nothing in two years, and $19.1 milion in three years. After that will stop

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Tolo Co plans the following repurchases $10.1 million in one year, nothing in two years, and $19.1 milion in three years. After that will stop repurchasing and will issue dividends totaling $25.3 million in four years. The total paid in dividends is expected to increase by 2.7% per year thereafter. Tolo has 1.7 million shares outstanding and an equity cost of capital of 10.8%, what is its price per share today The stock price will be $ (Round to the nearest cont.) Tolo Co plans the following repurchases: 510,1 million in one year, nothing in two years, and $19.1 million in three years. After that it wil stop repurchasing and will dividends totaling $25.3 millon in four years. The total paid in dividends is expected to increase by 2.7% per year thereafter. If Tolo has 1.7 milion shares outstanding and an equity cost of capital of 10.8%, what is its price per share today? The stock price will be $ (Round to the nearest cont.)

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