Charles Wilson is interested in purchasing the common stock of Sunland, Inc., which is currently priced at $48.38. The company is expected to pay a dividend of $2.58 next year and to increase its dividend at a constant rate of 8.60 percent. Problem 9.18ab(a) What should the market value of the stock be if the required rate of return is 14 percent? (Round answer to 2 decimal places, e.g. 15.20.) Market value of stock \$ eTextbook and Media Attempts: 0 of 3 used Problem 9.18ab(b) The parts of this question must be completed in order. This part will be available when you complete the part above