Please provide an accurate answer and i'll upvote In...

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Finance

Please provide an accurate answer and i'll upvote
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In mid-2018, some analysts recommended that General Electric (GE) suspend its dividend payments to preserve cash needed for investment Suppose your expected GE to stop paying dividends for two years before resuming an annual dividend of $1 10 per share, paid 3 years from now.growing by 3.1% per year I GE's quity cost of capital is 8.9%, estimate the value of GE's shares today The price today is $(Round to the nearest cent.)

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