(Estimated time allowance: 6 minutes) BCG Inc. has a current annual cash dividend policy of $6. The price of the stock is set to yield 8% return. What is the price of this stock today if the dividend will be paid for 12 year (and there is no liquidating dividend or future price of the stock)? Show your answer to the nearest 2 decimals. Do not use the $ sign in your answer. For example, if the answer is $3.237 enter your answer as 3.24 Do not enter it as $3.237, $3.2, 3.2, or 3.237 Your