Score: 0 of 1 pt 6 of 8 (7 complete) HW Score: 75%, 6 of 8 pts It affectin XP 7-20 (similar to) Question Help Assume Highline Company has just paid an annual dividend of $0.95. Analysts are predicting an 11.2% per year growth rate in earnings over the next five years. After then, Highline's earnings are expected to grow at the current industry average of me 4.9% per year. If Highline's equity cost of capital is 8.4% per year and its dividend payout ratio remains constant, for what price does the dividend -discount model predict Highline stock should sell? la The value of Highline's stock is $. (Round to the nearest cent) one med ncial Correct: 0 pter R Questio Questio amic: muni