Question: please help me to solve the question Question 1 Suppose the current dividends on a stock are $2.5 per share and dividends are expected to

please help me to solve the question

Question 1 Suppose the current dividends on a stock are $2.5 per share and dividends are expected to increase by 3% per year, forever. If the required rate of return is 9%, what is the value of the stock? (round your answer to 2 decimal places) Activate Windows Go to Settings to activate Windows

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