Question: I want the answer please fast Question 5 2 points Save Answer Suppose the current dividends on a stock are $3.0 per share and dividends

I want the answer please fast Question 5 2 points Save

I want the answer please fast

Question 5 2 points Save Answer Suppose the current dividends on a stock are $3.0 per share and dividends are expected to increase by 2% per year, forever. If the required rate of return is 6%, what is the value of the stock? (round your answer to 2 decimal places) D

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