Fas please, Suppose the current dividends on a stock are $2.8 per share and dividends are expected to increase by 2% per year, forever. If the required rate of return is 8%, what is the value of the stock? (round your answer to 2 decimal places)

Suppose the current dividends on a stock are $28 per share and dividends are expected to increase by 2% per yea fever if the nequined cate of retums 0% what is the value of the stock? out your answer to 2 decal plane Moving to another question will save the respinse