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Hallford Conporation expecta to have eamings this coming year of $2.651 per share. Halford plans to reain all of its earnings for the naxt two

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Hallford Conporation expecta to have eamings this coming year of $2.651 per share. Halford plans to reain all of its earnings for the naxt two years. Then, far the subsecuent two year. the firt wit equly cost of capita is 11.2%, what price would yeu estenale for Haklord stock? The stock price wil be 1 (Found to the nearest cent)

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