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(Constant growth model)Hilliard Inc. just paid a $2 annual dividend on its common stock. The dividend is expected to increase 3.7% per year indefinitely. If

(Constant growth model)Hilliard Inc. just paid a $2 annual dividend on its common stock. The dividend is expected to increase 3.7% per year indefinitely. If the required rate of return is 6.8%, the stocks value $____________.

Variable : - undefined Min: 1 Max: 5 Scale: 1 Formula : 2*(1+{g}/100)/({r}-{g})*100 Tolerance : 0.01 1 Display : 2 1

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