Example: Constant Perpetual Growth Model Think about the electric utility industry. In 2012, the dividend paid by the utility company, DTE Energy Co. (DTE), was $2.35. Using D. =$2.35, k = 4.75%, and g = 2%, calculate an estimated value for DTE. . = Note: the actual mid-2012 stock price of DTE was $56.34. What are the possible explanations for the difference