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Edward Lewis is interested in buying the stock of Firat National Bank. While the bank's management expects no growth in the near future. Ethward is

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Edward Lewis is interested in buying the stock of Firat National Bank. While the bank's management expects no growth in the near future. Ethward is attracted by the diyidend income. Last year the bank paid a dlyidend of 55.51. If Edward requires a return of 20 percent on such stocks, what is the maximum price he should be willing to pay for a shafe of the banks stock? (Round ancher fo 2 . decintil places es 15isi Maxlinum pelce

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