will leave like regardless ty

Laurel Enterprises expects earnings next year of $4.11 per share and has a 30% retention rate, which plans to keep constant. its equity cost of capital which is also its expected retum on new investment. Its earnings are expected to grow forever at a rate of 2.7% per year. Its et dividend is due in one year, what do you estimate the firm's current stock price to be? CH The current stock price will be 5 Round to the nearest cent)