The required rate of return is 24.20 percent. Sunland Corp. has just paid a dividend of...

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The required rate of return is 24.20 percent. Sunland Corp. has just paid a dividend of $3.12 and is expected to increase its dividend at a constant rate of 6.25 percent. What is the expected price of the stock three years from now? (Do not round intermediate calculations. Round answer to 2 decimal places, e.g. 15.20.) Expected price $ The required rate of return is 24.20 percent. Sunland Corp. has just paid a dividend of $3.12 and is expected to increase its dividend at a constant rate of 6.25 percent. What is the expected price of the stock three years from now? (Do not round intermediate calculations. Round answer to 2 decimal places, e.g. 15.20.) Expected price $

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