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Intro Pro Build Inc. has had a net income of $16 million in its most recent year. Net income is expected to grow by 3%

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Intro Pro Build Inc. has had a net income of $16 million in its most recent year. Net income is expected to grow by 3% per year. The firm always pays out 30% of net income as dividends and has 5 million shares of common stock outstanding. The required return is 8%. Attempt 1/1 for 10 pts. Part 1 What is the current stock price? 11+ decimals Submit DA amilala BOND MacBook Pro

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