Current Attempt in Progress X Your answer is incorrect. The French Thaler and Company's stock has paid dividends of $1.33 over the past 12 months. Its historical growth rate of dividends has been 7 percent, but analysts expect the growth to slow to 4 percent annually for the foreseeable future. Determine the value of the stock if the required rate of return on stocks of similar risk is 10 percent. (Round answer to 2 decimal places, e.g. 527.52.) Stock value $ 23.72 e Textbook and Media Save for Later Attempts: 1 of 2 used Submit