Suppose the current dividends on a stock are $ 2.5 per share and dividends are expected to increase by 2 % per year , forever . If the required rate of return is 6 % , what is the value of the stock ? ( round your answer to 2 decimal places )

Question 5 of 27 4 Moving to another question will save this response Question 5 2 points Save Answer Suppose the cutrent dividends on a stock are $2.5 per share and dividends are expected to increase by 2% per year, forever. If the required rate of return is 6%, what is the value of the stock? (round your answer to 2 decimal places) Activate Windows Go to