017 A firm just paid a dividend of $4 21. The dividend is expected to grow at a constant rate of 4.09% forever and the required rate of return is 11.77%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places. 118 Bad Investment Incorporated has "promised" investors to pay a $3.00 per year dividend in perpetuity. It investors want a 24.00% return on this stock based on the risk, what intrinsic value of the stock today? Submit Answer format: Currency: Round to: 2 decimal places