Financial Managment

Stacker Weight Loss currently pays an annual year-end dividend of $1.90 per share. It plans to increase this dividend by 3.5% next year and maintain it at the new level for the foreseeabie future. If the required retum on this firm's stock is 11%, what is the value of Stacker's stock? Tho value of Stacker's stock is 5 (Round to the nearest cent) Stacker Weight Loss currently pays an annual year-end dividend of $1.90 per share. It plans to increase this dividend by 3.5% next year and maintain it at the new level for the foreseeable future. If the required return on this firm's stock is 11%, what is the value of Stacker's stock? The value of Stacker's stock is $ (Round to the nearest cent.)