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help Jimmy 12% 2% Sell Buy Ushy the Gardon gowth model of stock perioe delermination, it a share of stock wal pay a S1 dividend

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Jimmy 12% 2% Sell Buy Ushy the Gardon gowth model of stock perioe delermination, it a share of stock wal pay a S1 dividend next year, dividends are expected to grow 3%, and pecpie require an 9 , return on equly investmenta, then the price of the stock is \$ (Round your response to the nearest two docimal ploces.) Suppose that the average growth rate of the economy has been 1%. Given a forecast of 2% growth this year, if rational expectations Nold, then the expected ferecat ence it

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