A stock is expected to pay a dividend of $3.00 at the end of this year...

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A stock is expected to pay a dividend of $3.00 at the end of this year (this is Div1), and it should continue to grow at a constant rate of 5% per year forever.. If its required return is 13%, the stock's price today should be $ Do not round any intermediate work, but round your final answer to 2 decimal places (ex: 12.34567 should be entered as 12.35).. Margin of error for correct responses: +/- .05 I A stock is expected to pay a dividend of $3.00 at the end of this year (this is Div1), and it should continue to grow at a constant rate of 5% per year forever.. If its required return is 13%, the stock's price today should be $ Do not round any intermediate work, but round your final answer to 2 decimal places (ex: 12.34567 should be entered as 12.35).. Margin of error for correct responses: +/- .05 I