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9. Is the following common stock priced correctly? If no, what is the correct price? 25 points . Year 0 Dividend per share was $2.00

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9. Is the following common stock priced correctly? If no, what is the correct price? 25 points . Year 0 Dividend per share was $2.00 Dividends are projected to grow a440 per year myear 120% in year 2, then sales growth will slow down to its normal rate of 5% into the foreseeable future Required rate of return Current stock price . 13% $26.25

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