Pharmecology just paid an annual dividend of $1.65 per share. Its a mature company, but future EPS and dividends are expected to grow with inflation, which is forecasted at 4.25% per year. The nominal cost of capital is 11.00%.

A) What is Pharmecologys current stock price?

Note: Do not round intermediate calculations. Round your answer to 2 decimal places.

B) What would be Pharmecologys current stock price using forecasted real dividends and a real discount rate?

Note: Do not round intermediate calculations. Round your answer to 2 decimal places.

Pharmecology just paid an annual dividend of $1.65 per share. It's a mature company, but future EPS and dividends are expected to grow with inflation, which is forecasted at 4.25% per year. The nominal cost of capital is 11.00%. a. What is Pharmecology's current stock price? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. b. What would be Pharmecology's current stock price using forecasted real dividends and a real discount rate? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Answer is complete but not entirely