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you are analyzing Jill jewelry stock for possible purchase. Jill jewelry just paid a divided of $ 1 . 5 0 [ D 0 ]

you are analyzing Jill jewelry stock for possible purchase. Jill jewelry just paid a divided of $1.50[D0] you expect the divided to grow at a steady rate of 6% per year for the next 3 years. you plan to buy the stock and sell it at the end of 3 years for $37.06. the stock has a required rate of 13%. what is the most you should be willing to pay for this share?

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