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Arss and Triandes paid an armual divdend of 51.47 a share last month. The corrpany is planning on paylng 51.62,$1.58, and $1.60 a share over
Arss and Triandes paid an armual divdend of 51.47 a share last month. The corrpany is planning on paylng 51.62,$1.58, and $1.60 a share over the next three years, respectively Afer that, the dvidend will be constant an $1. 60 per share per yoes. What is the market prop of this stock if the mackst rate of refurn is 14.2 percert? (De not roond letsersodiate caicitations and round your anwwer to 2 decimal photes, 932.46.1
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