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10) Assume that today is 7/21/22 and you will buy one share of Maciospeh common stock two years from today MacJoseph Corp just paid a

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10) Assume that today is 7/21/22 and you will buy one share of Maciospeh common stock two years from today MacJoseph Corp just paid a dividend (today) of $7.00 per share on its stock. The dividends are expected to grow at a constant rate of 8% per year indefinitely. If you require a 22% return on MacJoseph's stock, what will the price be in 2 years? ( 2 years from today)

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