10 Antiques 'R' Us is a mature manufacturing firm. The company just paid a dividend of $12.20, but management expects to reduce the payout by 4.75 percent per year, indefinitely ints If you require a return of 12 percent on this stock, what will you pay for a share today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) eBook References Share price