Question: please help asap Question 18 9 pts You are deciding whether to invest in a specific firm's stock. Today's dividend was $5.06 per share. The

please help asap Question 18 9 pts You are deciding whether to please help asap

Question 18 9 pts You are deciding whether to invest in a specific firm's stock. Today's dividend was $5.06 per share. The dividend is expected to grow at a rate of 1.5 percent per year for the next 7 years. Your required return on an investment of this sort is 12.0 percent per year. The current market price of the stock is $63.91 per share. What 7-year target price is consistent with this market price and dividend growth assumptions? Provide your answer in dollars to the nearest penny. In other words, if your answer is $100.00 per share, then enter 100.00 as your

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