2) A company just paid a dividend of $2.90. If the dividends will grow at 4.2% per year and you require a return of 9%, what is the most you should be willing to pay for the stock?

2) A company just paid a dividend of $2.90. If the dividends will grow at 4.2% per year and you require a return of 9%, what is the most you should be willing to pay for the stock