Gilmore, inc., just paid a dividend of $2.60 per share on its stock. the dividends are expected to grow at a constant rate of 5.75 percent per year, indefinitely. assume investors require a return of 12 percent on this stock. what is the current price? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) current price $ 43.99 what will the price be in four years and in sixteen years?

In 2015, lori assigned a paid-up whole life insurance policy to an irrevocable life insurance trust (ilit) for the benefit of her three children. the ilit contained a crummey provision for the benefit of each child. at the time of the transfer, the whole life insurance policy was valued at $200,000, and since lori had not made any other taxable gifts during her lifetime, she did not owe any gift tax. lori died in 2016, and the face value of the whole life insurance policy of $2,000,000 was paid to the ilit. regarding this transfer, how much is included in lori’s gross estate at her death?