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A firm will pay a dividend of $4.00 next year. The dividend is expected to grow at a constant rate of 2.67% forever and

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A firm will pay a dividend of $4.00 next year. The dividend is expected to grow at a constant rate of 2.67% forever and the required rate of return is 11.32%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places. A firm just paid a dividend of $4.36. The dividend is expected to grow at a constant rate of 4.66% forever and the required rate of return is 10.69 %. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places. A

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