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Question 6 Popovich Corp. is just dividend will rise by 2.33% a year forever. The applicable annual discount rate is 9 the stock today? about

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Question 6 Popovich Corp. is just dividend will rise by 2.33% a year forever. The applicable annual discount rate is 9 the stock today? about to pay an annual dividend of $2.23 per share. Investors anticipate that the annual .64%, what is the price of Hint: apply the constant dividend growth model to determine the value of the future annual dividends. Then add the dividend that will be paid soon to this result. und at intermediate steps in your calculation. Round to two decimal places. Do not type the $ symbol

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