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Greshak Corp. paid dividend on its stock of $3.75 last year. Due to its promising business and marketing strategy, the firm's long-term growth rate is

Greshak Corp. paid dividend on its stock of $3.75 last year. Due to its promising business and marketing strategy, the firm's long-term growth rate is projected to be 6.0% If the current risk free rate is 1.5% and the required rate of return on Greshak's stock is 18.0%, which is the best estimate of the firm's stock price? INCLUDE 2 DECIMAL PLACES WITH YOUR ANSWER. YOU MUST SHOW ALL WORK TO RECEIVE CREDIT

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