Question: Ocean Holding Corp. ' s expected year - end dividend ( D 1 ) is $ 4 . 0 0 , and its required return

Ocean Holding Corp.'s expected year-end dividend (D1) is $4.00, and its required return is 11%. The company's dividend yield is 4.4%, and its growth rate is expected to be constant in the future. What is the firm's stock price?
Your answer should be between 42.36 and 108.62, rounded to 2 decimal places, with no special characters.
 Ocean Holding Corp.'s expected year-end dividend (D1) is $4.00, and its

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