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Green Mountain Energy company paid common stock cash dividend of $1.80 per share in the most recent year. However, because of the high dividend payout,

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Green Mountain Energy company paid common stock cash dividend of $1.80 per share in the most recent year. However, because of the high dividend payout, its growth is limited. Dividend is expected to grow at a modest rate of 6% per year for the foreseeable future. Based on the risk, investors require 10% return on the company's common stock. Compute the price of this stock. Show all computations. (7 pts) 3 exam2 (3).xlsx Bi e 19

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