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Ameritech Corporation paid dividends per share of $3.56 in 2018, and dividends are expected to grow 5.5% a year forever. The investors required rate of

Ameritech Corporation paid dividends per share of $3.56 in 2018, and dividends are expected to grow 5.5% a year forever. The investors required rate of return is 10%. What is the value per share, using the Gordon Growth Model? The stock is trading for $80 per share. What would the growth rate in dividends have to be to justify this price? (not in excel please)

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