colgate palmolive Company has just paid an annual dividend of $1.97. Analysts are predicting dividends to grow by $0.11 per year over the next 5 years. After then, 's earnings are expected to grow 4.9% per year, and its dividend payout rate will remain constant. If 's equity cost of capital is 6.7% per year, what price does the dividend-discount model predict colgate stock should sell for today? What is the price per share?