Question: Module 4: Stock Valuation Assignment i Saved Help Save & Exit Submit Check my work 1 Company Z's earnings and dividends per share are expected

Module 4: Stock Valuation Assignment i Saved Help Save & Exit Submit Check my work 1 Company Z's earnings and dividends per share are expected to grow indefinitely by 2% a year. If next year's dividend is $6 and the market capitalization rate is 12%, what is the current stock price? (Round your answer to 2 decimal places.) Stock price
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