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The next expected dividend for Stock P is $1.25, the current price of the stock is $25.75, and the firm is expected to grow at

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The next expected dividend for Stock P is $1.25, the current price of the stock is $25.75, and the firm is expected to grow at a constant rate of 3 percent per year forever. The risk-free rate is 4 percent, the market risk premium is 7.2 percent, and the stock's beta is .8 1- what is the value of the stock? 2- what would your decision be as it relates to investing in the stock. Would you buy the stock? Explain your decision

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