Please read all of the questions and problems carefully. Complete all problems using the correct formulas and show all of your work on the problems for full and/or partial credit. Make sure your answers are legible and clearly stated. Analysts forecast that Cooper's Comics will pay a dividend of $0.75 a share at the end of this year, continuing a long-term growth trend of 5.0 percent a year. If this trend is expected to continue indefinitely and investors' required rate of return for BBG is 9.0 percent, what is the market value per share of Bailey's Bagels common stock? (Required - 5 points possible.)