Question: PLEASE ANSWER ASAP, its due soon!!! A stock is expected to pay a dividend of $1.00 at the end of the year (i,e2,D1=$1.00), and it

PLEASE ANSWER ASAP, its due soon!!!

A stock is expected to pay a dividend of $1.00 at the end of the year (i,e2,D1=$1.00), and it should continue to grow of a constant rate of 5% a year. if its reguired return is 15%, what is the stock's expected price 1 year from today? Do not round intermediate caiculations. Round your answer to the nearest cent

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