Question: I need help answering the below question. I need assistance. The last dividend of Delta, Inc. was $13.86, the growth rate of dividends is expected

The last dividend of Delta, Inc. was $13.86, the growth rate of

I need help answering the below question. I need assistance.

dividends is expected to be 5.18 percent, and the required rate of

The last dividend of Delta, Inc. was $13.86, the growth rate of dividends is expected to be 5.18 percent, and the required rate of return on this stock is 10.19 percent. What is the stock price according to the constant growth dividend model? Round the answer to two decima/ places.

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