last one pls

1 One of the options is Delta Airlines. They have paid an annual dividend of $3.12 for the past 25 years and we expect them to continue this indefinitely. Assuming the market requires a(n) 10.2% return from Delta, what is the value of a share of stocl (Answer with 2 decimals.) $30.59 Correct! And what if we assumed they would start increasing their dividend by 1.2% per year? What would be a fair price to pay in that a scenario? (Answer with 2 decimals.) 11