Synovec Corporation is expected to pay the following dividends over the next four years: $7, $13, $18, and $8.25. Afterward, the company pledges to maintain a constant 6 percent growth rate in dividends forever. If the required return on the stock is 10.4 percent, what is the current share price? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

sec ф = 5/3 (quadrant 4)

let x = base

y = perp

z = hypotenuse

sec ф = hypotenuse/base = 5/3

⇒ z = 5 and x = 3

finding y:

z² = x² + y²

5² = 3² + y²

y² = 25-9

y² = 16

y = 4

now finding all other geometric functions of theta:

sin ф = y/z = 4/5

sin ф = -4/5 (sin is negative in the 4th quadrant)

cos ф = x/z = 3/5

cos ф = 3/5 (cos is positive in 4th quadrant)

tan ф = y/x = 4/3

tan ф = -4/3 (tan is negative in 4th quadrant)

cosec ф = z/y = 5/4

cosec ф = -5/4 (cosec is negative in the 4th quadrant)

cot ф = x/y = 3/4

tan ф = -3/4 (tan is negative in 4th quadrant)

we need more info to solve this

they r 125, and 216

so the sequence goes 1,8,27,64,125,216