Question: 8 -tre 2.5 points You expect a stock's future dividends will grow at a constant rate of 2.2% per year. If its next expected dividend

8 -tre 2.5 points You expect a stock's future dividends will grow at a constant rate of 2.2% per year. If its next expected dividend of $9 will occur one year from now and the the stock's required rate of return is 12.3%, what do you expect the price to be one year from now, immediately after the first dividend is paid? Round your answer to the nearest penny Type your answer... Next

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