S Parrino, Fundamentals of Corporate Finance, 2e PRINCIPLES OF FINANCIAL MANAGEMENT (FIN3400/FIN3403 Grace Period: 8 days left I Register No actice Gradebook gnment Problem 9.6 Nynet, Inc., paid a dividend of $4.28 last year. The company's management return is 13.0 percent, what is the current value of the stock? (Round answer to 2 decimal places, eg. 15.25.) does not expect to increase its dividend in the foreseeable future. If the required rate of Current value Click if you would like to Show Work for this question: 0pen Shew Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor Question Attempts: O of 1 used SAVE FOR LAIER SUBNL ANSWER Earn Maximum Points available only if you answer this question correctly in your first attempt. RA227 PM 1/22/0015 ere to search