2 points HaysCo's stock will pay a dividend of ( $ 6.71 ) one year from today and another dividend of ( $ 8.17 ) two years from today. After the second dividend, future dividends will grow at a constant rate of ( 6 % ) per year indefinitely. What is a fair price for HaysCo stock if investors require a return of ( 12.2 % ) ? Round your answer to the nearest penny.

2 points HaysCo's stock will pay a dividend of $6.71 one year from today and another dividend of $8.17 two years from today. After the second dividend, future dividends will grow at a constant rate of 6% per year indefinitely. What is a fair price for HaysCo stock if investors require a return of 12.2% ? Round your answer to the nearest penny