Question: Please show all steps and double check your work! Question 6 1 pts PQR stock has a sustainable growth rate of 4.93 percent, ROE of

Please show all steps and double check your work!

Question 6 1 pts PQR stock has a sustainable growth rate of 4.93 percent, ROE of 13 percent, and dividends per share of $3.51. If the P/E ratio, based on trailing earnings, is 19, what is the value (in $) of a share of stock? Answer to two decimals

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