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Ackert Company's tan dividend was $1.55. The dividend growth rate is expected to be constanta 1.5 for 2 years after which dividends are expected to

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Ackert Company's tan dividend was $1.55. The dividend growth rate is expected to be constanta 1.5 for 2 years after which dividends are expected to grow at a rate of 8.0% forever. The firm's required retumis 12.0 What is the best estimate of the current stock price? O $37.05 1.16 $39.30 O 540.48 541.70

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