x Your answer is incorrect. Ivanhoe Manufacturing Company has been growing at a rate of 6 percent for the past two years, and the CEO expects the company to continue to grow at this rate for the next several years. The company paid a dividend of $1.30 this year. If your required rate of return is 14 percent, what is the maximum price that you would be willing to pay for this company's stock? (Round intermediate calculation and final answer to 2 decimal places, e.g. 15.25.) Maximum price $ 17 e Textbook and Media Save for Later Attempts: unlimited Submit