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Reset Selection Question 22 of 25 4 Points Questions 20 - 23 are based on the following information relating to Tupelo Turbine Corporation. The company

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Reset Selection Question 22 of 25 4 Points Questions 20 - 23 are based on the following information relating to Tupelo Turbine Corporation. The company paid a dividend of 51.02 per stare quartery, totaling to $4.08 for the most recent full year, onis coron stock, Based on a study of the risk of owning this stock, aralysts at Walnut investment Funds have determined that the required annual rate of return should be ke or r 82%. The third analyst. Ms. Root believes first analyst Branch is too optimistic, she feels Tupelo Turbines future earnings and dividends will change in a fairly steady manner that can sensibly be modeled as constant growth of approximately negative 18-18W) per year. Under these usumptions What is the highest price analyst Root thinks the Walnut and should be willing to pay per share for Tupelo Tutine corporation common stoch? A $40.07 8.562,60 0.163.75 Eso no valonce the dividere stream perted to decine

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