Macro Inc. just declared a dividend of $$2\mathrm{.}52$ and the dividends are expected to shrink at an annual rate of $4\%$ forever. The required rate of return is $13\mathrm{.}7\%$ on this stock.

What should be the current market value of this share?

What is the Dividend Yield?

$$11\mathrm{.}15$;$14\mathrm{.}9\%$

$$13\mathrm{.}67$;$17\mathrm{.}7\%$

$$24\mathrm{.}94$;$10\mathrm{.}11\%$

$$24\mathrm{.}94$;$17\mathrm{.}7\%$

$$13\mathrm{.}67$;$10\mathrm{.}11\%$