Year Grow Do $ 49.00 Rate of return 15.00% 1 19.00% D1 $ 58.31 2 19.00% D2 $ 69.39 P4 $ 1,785.09 3 19.00% D3 $ 82.57 4 19.00% D4 $ 98.26 5 9.00% D5 $ 107.11 90 $1,234.28 Year CF Po 0 $0.00 1 $ 58.31 2 $ 69.39 3 $ 82.57 4 $ 1,883.35 D1 g 40- t $ 19.92 4.00% 2 D3 $ 21.55 NPER 19 RATE 22.00% PV $(19.92) =D1 PMT 0 FV $871.22 |=D3 ABC. Inc is expected to pay a dividend of $19.92 per share. The dividends are expected to increase by 4% each year. The required rate of return on the stock is 22%. What is the stock's expected price 19 years from today (i.e., what is P19)? ABC,. Inc just paid a dividend of $49. The dividends are expected to grow by 19% in Years 1-4. After that, the dividends are expected to grow by 9% each year. If the required rate of return is 15%, what is today's price of the stock? Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box.