QUESTION 13 Company D is expected to pay a $4.1 dividend at the end of the 4th year. You expect Company D's dividend to grow by 2.03% per year forever. Company D's equity cost of capital is 12.85%....

F3

Extracted text: QUESTION 13 Company D is expected to pay a $4.1 dividend at the end of the 4th year. You expect Company D's dividend to grow by 2.03% per year forever. Company D's equity cost of capital is 12.85%. What should be the price of the stock today? NOTE: Enter the number rounding to two decimals. If your answer is $5.6786, your answer must be 5.68.