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2b. The company paid a dividend last year, Ds, which was 51.24. The business is expecting a growth rate in eamings and dividends of 6.59

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2b. The company paid a dividend last year, Ds, which was 51.24. The business is expecting a growth rate in eamings and dividends of 6.59 in the future, i.e, 8=0.065. What is the current price of the common stock today (P) ? (10 points) 2b. The company paid a dividend last year, Ds, which was 51.24. The business is expecting a growth rate in eamings and dividends of 6.59 in the future, i.e, 8=0.065. What is the current price of the common stock today (P) ? (10 points)

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