Question: 2. The next dividend payment by Halestorm, Inc., will be $2.04 per share. The dividends are anticipated to maintain a growth rate of 4.5 percent

2. The next dividend payment by Halestorm, Inc., will be $2.04

2. The next dividend payment by Halestorm, Inc., will be $2.04 per share. The dividends are anticipated to maintain a growth rate of 4.5 percent forever. If the required return is 11 percent, what is the stock price today? Show your complete work below or in the designated work space on the spreadsheet. 3 pts. (If you provided your answer and work in Excel, write down See Exce below.)

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