2. The common stock ABC Co. is trading at $40 per share. In the past the company has paid a constant dividend of $ 6 per share. However, the company has just announced new investments that the market did not know about. The market expects that with these new investments, the dividends should grow at 4% per year forever. Assuming that the investors required rate of rett (discount rate) remain the same, what will be the price of the stock after the announcement