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A firm called Slow Grower is expected to pay it's shareholders a $1 dividend next quarter, and this dividend is expected to grow at a

A firm called "Slow Grower" is expected to pay it's shareholders a $1 dividend next quarter, and this dividend is expected to grow at a rate of 0.5% APR compounded quarterly. What is the share price if the required return on Slow Grower is 6% APR compounded quarterly?

A firm called "Slow Grower" is expected to pay it's shareholders a $1 dividend next quarter, and this dividend is expected to grow at a rate of 0.5% APR compounded quarterly. What is the share price if the required return on Slow Grower is 6% APR compounded quarterly?

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