eBook Tresnan Brothers is expected to pay a $2.60 per share dividend at the end of the year (i.e., D1 = $2.60). The dividend is expected to grow at a constant rate of 8% a year. The required rate of return on the stock, rs, is 16%. What is the stock's current value per share? Round your answer to the nearest cent. $ eBook Problem Walk-Through A stock is expected to pay a dividend of $1.75 at the end of the year (i.e., D1 = $1.75), and it should continue to grow at a constant rate of 6% a year. If its required return is 15%, what is the stock's expected price 2 years from today? Do not round intermediate calculations. Round your answer to the nearest cent