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Ouestion of Check My Work eBook Constant Dividend Growth Valuation Boehm Incorporated is expected to pay a $1.30 per share dividend at the end of

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Ouestion of Check My Work eBook Constant Dividend Growth Valuation Boehm Incorporated is expected to pay a $1.30 per share dividend at the end of this yearfi.e., Dj - $1.30). The dividend is expected to grow to constant rate of 8% a year. The required rate of return on the stock, is 14%. What is the estimated value per share of Bohn's stock? Do not round intermediate calculations. Round your answer to the nearest cent. $

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