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Click Submit to complete this assessment. Question 27 of 27 Question 27 2 points Save Answer Suppose the current dividends on a stock are $2.8

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Click Submit to complete this assessment. Question 27 of 27 Question 27 2 points Save Answer Suppose the current dividends on a stock are $2.8 per share and dividends are expected to increase by 2% per year, forever. If the required rate of return is 8%, what is the value of the stock? (round your answer to 2 decimal places) A Click Submit to complete this assessment. Question 27 of 27 Save and Submit

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