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Krispy Kreme stock trades at $19.87 this morning. Analysts expect the donut market to heat up in the coming year. As a result, they expect

image text in transcribed Krispy Kreme stock trades at $19.87 this morning. Analysts expect the donut market to heat up in the coming year. As a result, they expect Krispy Kreme to sell for \$21.34 in one year. Investors want a 16.79\% return to own Krispy Kreme stock based on the risk. What dividend must Krispy Kreme pay next year for the stock to be fairly priced today? Answer format: Currency: Round to: 2 decimal places

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