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Please show your work 26. The Textbook Production Company has been hit hard due to increased competition. The company's analysts predict that earnings (and dividends)

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Please show your work
26. The Textbook Production Company has been hit hard due to increased competition. The company's analysts predict that earnings (and dividends) will decline at a rate of 5 percent annually forever. Assume that ks = 11 percent and Do = $2.00. What will be the price of the company's stock three years from now? a. $27.17 b. $ 6.23 c. $28.50 d. $10.18 e. $20.63

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