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Please Provide Share Price. Not just a formula. Suppose the dividends for the Seger Corporation over the past six years were $1.00,$1.08,$1.17,$1.25,$1.35, and $1.40, respectively.

Please Provide Share Price. Not just a formula. image text in transcribed

Suppose the dividends for the Seger Corporation over the past six years were $1.00,$1.08,$1.17,$1.25,$1.35, and $1.40, respectively. Assume that the historical (arithmetic) average growth rates will remain the same for 2022 . Compute the expected share price at the end of 2022 using the perpetual growth method. Assume the market risk premium is 7.5 percent, Treasury bills yield 3 percent, and the projected beta of the firm is 1.10. Note: Do not round intermediate calculations. Round your answer to 2 decimal places

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