Wildhorse, Inc., paid a dividend of $4,45 last year. The company's management does not expect to increase its dividend in the foreseeable future. If the required rate of return is 20.0 percent, what is the current value of the stock? (Round answer to 2 decimal places, e.g. 15.25.) Current value PRINTER VERSION NEXT BACK Problem 9.12 Crane Corp. is expected to pay a dividend of $2.40 next year. The forecast for the stock price a year from now is $42.00. 1f the required rate of return is 11 percent, what is the current stock price? Assume constant growth. (Round answer to 2 decimal places, e.g. 15.20.) Current stock price