Ziggs Corporation will pay a $3.95 per share dividend next year. The company pledges to increase its dividend by 4.25 percent per year, indefinitely.

Ziggs Corporation will pay a $3.95 per share dividend next year. The company pledges to increase its dividend by 4.25 percent per year, indefinitely dividend by 4.25 percent per year, indefini Required If you require a 10.50 percent return on your investment, how much will you pay for the company's stock today? (Select rounded answers as directed, but do not use the rounded numbers in intermediate calculations.) O $60.51 O $69.52 O $63.20 O $26.78 O $25.64