Question: &Moving to another question will save this response. Question 12 2 points Sa Suppose the current dividends on a stock are $2.7 per share and

&Moving to another question will save this response. Question 12 2 points Sa Suppose the current dividends on a stock are $2.7 per share and dividends are expected to increase by 2% per year, forever the required rate of retum is 9%, what is the value of the stack?(round your answer to 2 decimal places) Question 12 of 27

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