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Rewity is expected to pay a dividend of $10.16 per share that is, D. = 10.16). Rewity's stock has an expected rate of return of

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Rewity is expected to pay a dividend of $10.16 per share that is, D. = 10.16). Rewity's stock has an expected rate of return of 22.7% and if Rewity's dividends are expected to grow at a rate of 8.8% per year forever, what is the equilibrium price of Rewily's stock? Enter your answer as a dollar amount rounded to 2 decimal places, but do not include the dollar son or any commas in your answer. For Rewity is expected to pay a dividend of $10.16 per share that is, D. = 10.16). Rewity's stock has an expected rate of return of 22.7% and if Rewity's dividends are expected to grow at a rate of 8.8% per year forever, what is the equilibrium price of Rewily's stock? Enter your answer as a dollar amount rounded to 2 decimal places, but do not include the dollar son or any commas in your answer. For

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