Question: Hello, could I please get some help with this question! Thank you!! A stock pays a constant dividend of $4/share every quarter (every 3 months)

Hello, could I please get some help with this question! Thank

Hello, could I please get some help with this question! Thank you!!

you!! A stock pays a constant dividend of $4/share every quarter (every

A stock pays a constant dividend of $4/share every quarter (every 3 months) and a dividend was just paid. If the market's required return on this stock is 13% PER YEAR, what is the market value of the stock? [Express your final answer in dollars and cents (rounded to 2 decimal places)] Market Value = $ per share

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