Question: PLEASE HELP ILL UPVOTE YOUR ANSWER Question 4 0.8 pts Amazing Corp, has just now paid a dividend of $4 per share (Do): its dividends

PLEASE HELP ILL UPVOTE YOUR ANSWER

Question 4 0.8 pts Amazing Corp, has just now paid a dividend of $4 per share (Do): its dividends are expected to grow at a constant rate of 4% per year forever. If the required rate of return on the stock is 13%, what is the current value of the stock, after paying the dividend? (Hint: The Dividend Discount Model uses the expected (future) dividend. This question is providing you with the already-paid dividend) Round your answer to the nearest two decimals. Do not type the $ symbol

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