Question: 2 points Save Ac uestion 1 Sposs the current dividends on a stock are $2.9 per share and dividends are expected to increase by 3%

2 points Save Ac uestion 1 Sposs the current dividends on a stock are $2.9 per share and dividends are expected to increase by 3% per year forever if the required rate of totum is 95% what is the value of the stock? (round your answer to 2 decimal places)

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