stion 25 yet vered A stock just paid an annual dividend of $3.50. Investors expect the dividend to grow at 15% for two years before settling down to a long run average annual growth rate of 6%. ked out of lag question If investors require a 11% return to hold this stock, what price should the stock trade at? Answer format: e.g. $X,XXX.XX = XXXX.XX or $1,234.56 = 1234.56 (no $ sign, 2 decimal places)