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Wanhioe Corporation will pay dividends of $2.60,$2.90, and $3.20 in the noot three vears. After three years, the dividends are expected to prow at a

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Wanhioe Corporation will pay dividends of $2.60,$2.90, and $3.20 in the noot three vears. After three years, the dividends are expected to prow at a constant rate of 4 pereent per vear, if the required rat of roturn is 120 percint what is the current valuo of the Ivanhoe common stock? (Round Intermediale colculations and final antwer to 2 decimal placec, e.9. 52.75) Current vaiue of the commonstock

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