cek 7: Homework Assignment Help Save & Ext Subs Cherry Wor 14 Suppose that a firm always announces a yearly dividend at the end of the first quarter of the year, but then pays the dividend out as four equal quarterly payments. If the next such annual dividend has been announced as $380, it is exactly one quarter uniter quarterly dividend from that $3.80, the effective annual required rate of return on the company's stock is percent, and all fine "annual dividends are expected to grow at 4 percent per year indefinitely, how much will this stock be worth? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Stock's worth ook Print ferences