Dominion Resources $($D$),$ a utility company, is currently paying $$2\mathrm{.}67$ per year in dividends and has done so for many years. We expect it to continue to pay this amount into the future. If our expected rate of return is $5\%,$ how much would we be willing to pay for the stock? Which dividend discount model did you use? With a recent price of Dominion Energy of $$48\mathrm{.}50,$ is Dominion Energy a potentially good value according to this model?