Return to question Pharmecology just paid an annual dividend of $1.75 per share. It's a mature company, but future EPS and dividends are expected to grow with inflation, which is forecasted at 4.75% per year. The nominal cost of capital is 11.50%. a. What is Pharmecology's current stock price? (Do not round intermediate calculations. Round your answer to 2 decimal places.) x Answer is complete but not entirely correct. Current stock price $ 25.93 X b. What would be Pharmecology's current stock price using forecasted real dividends and a real discount rate? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Current stock price