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places) Suppose the current dividends on a stock are $2.4 per share and dividends are expected to increase by 3% per year, forever. If the

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places) Suppose the current dividends on a stock are $2.4 per share and dividends are expected to increase by 3% per year, forever. If the required rate of return is 6%, what is the value of the stock? (round your answer to 2 decimal
Mowg to another question will t respons estion 17 1 points Suppose the current dividends on a slock are 24 per share and deeds are expected to areas by 3% por year, forever if the reprend te of return is what the van of the thick and t places) Moving to another question will save this respons 17 2 17 of 2

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