uestions Problem 9.11 (Valuation of a Constant Growth Stock) Question 9 of 9 Check My Work (3 remaining) eBook 1 Problem wnik Through A stock is expected to pay a dividend of $1.25 at the end of the year (1.e., D: - $1.25), and it should continue to grow at a constant rate of 7% a year. If its required return is 13%, what is the stock's expected price 5 years from today? Do not round intermediate calculations. Round your answer to the nearest cent. $