11. Problem 9.11 (Valuation of a constant Growth stock) eBook Problem Walk Through A stock is expected to pay a dividend of $1.25 at the end of the year (e. D} = $1.25), and it should continue to grow at a constant rate or a year. If its required return is 15%, what is the stock's expected price 4 years from today? Do not round Intermediate calculations, Round your answer to the nearest cent