Question: 2 points Save Awe Question 20 Suppose the current dividends on a stock are $2.9 per share and dividends are expected to increase by 3%

2 points Save Awe Question 20 Suppose 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 retum is 7%, what is the valon of the stock?(round your answer to 2 decimal places) Activate Windows. Go to Settings to activate Wind

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