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Problem 8-30 Constant Growth Stock Valuation (LG8-5) Campbell Supper Co. paid a $0.692 dividend per share in 2013, which grew to $0.85 in 2016. This

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Problem 8-30 Constant Growth Stock Valuation (LG8-5) Campbell Supper Co. paid a $0.692 dividend per share in 2013, which grew to $0.85 in 2016. This growth is expected to continue What is the value of this stock at the beginning of 2017 when the required return is 8.6 percent? (Round the growth rate, g, to 4 decimal places. Round your final answer to 2 decimal places.) Stock value

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