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A stock has just paid a dividend and declared an annual dividend of $2.00 to be paid one year form today. The dividend is not

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A stock has just paid a dividend and declared an annual dividend of $2.00 to be paid one year form today. The dividend is not expected to grow. The return on equity for similar stocks is 12%. What is p_0? Show your work. A stock has just paid a dividend and declared an annual dividend of $12.00 to be paid one year from today. The dividend is expected to grow at a 7% annual rate. The return on equity for similar stocks is 12% What is P_0? Show you work

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