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ABC Co. just paid a dividend of 51.55 per share on its stock. The dividends are expected to grow at a constant rate of 6.5%

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ABC Co. just paid a dividend of 51.55 per share on its stock. The dividends are expected to grow at a constant rate of 6.5% per year indefinitely. If investors require an 11.5% retum on ABC Co.. stock, answer the following: (Do not round Intermediate calculations. Round the final answers to 2 decimal places. Omit $ sign in your response.) What will the price be in 15 years

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