colgate palmolive Company has just paid an annual dividend of $1.57. Analysts are predicting dividends to grow by $0.17 per year over the next 5 years. After then, 's earnings are expected to grow 3.6% per year, and its dividend payout rate will remain constant. If 's equity cost of capital is 7.4% per year, what price does the dividend-discount model predict colgate stock should sell for today? What is the price per share?