CHAPTER 7 Instructions Save & Exit Sub 5. o wa 10.00 points Wesen Corp. will pay a dividend of $2,80 next you. The company has stated that it will maintain a constant growth rate of 5 percent a year forever If you want a return of 17 percent, how much will you pay for the stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e... 32.16.) Current stock price If you want a return of 12 percent, how much will you pay for the stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e... 32.16.) Current stock price References Worksheet Learning Objective: 07-01 Assess how stock prices depend on future dividends and dividend growth Type here to search o BI 1453 9/29/2020 DOLL Esc F1 F3 F4 F5 F6 F7 FB F9 F10 F11 F12 PESCE wert $ % A &