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Gentleman Gym just pald its annual dividend of $2 per share, and it is widely expected that the dividend will increase by 4% per year

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Gentleman Gym just pald its annual dividend of $2 per share, and it is widely expected that the dividend will increase by 4% per year Indefinitely a What price should the stock sell at? The discount rate is 12% (Do not found Intermediate calculations. Round your answer to 2 decimal places.) Stock price b. What price should the stock sell at? The discount rate is 8% (Do not found Intermediate calculations. Round your answer to 2 decimal places.) Stock price

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