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Problem 8-29 Constant Growth Stock Valuation (LG8-5) Waller Co. paid a $0137 dividend per share in 2000, which grew to $0.55 in 2012. This growth

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Problem 8-29 Constant Growth Stock Valuation (LG8-5) Waller Co. paid a $0137 dividend per share in 2000, which grew to $0.55 in 2012. This growth is expected to continue. What is the value of this stock at the beginning of 2013 when the required return is 13.7 percent? (Round the growth rate, g, to 4 decimal places. Round your final answer to 2 decimal places.) Stock value

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