6. Problem 9.11 (Valuation of a constant Growth Stock) ebook Problem Walkthrough A stock is expected to pay a dividend of 51.50 at the end of the year, D, - $1.50), and it should continue to grow at a constant rate of 10% a year of its required return is 12 what is the stock's expected price years from today? Do not round intermediate calculations. Bound your answer to the nearest cont. 1