Question: please show work without using tvm solver 19. Fiction Corp. just paid an annual dividend of $2.34 per share. The company expects to increase its

please show work without using tvm solver

19. Fiction Corp. just paid an annual dividend of $2.34 per share. The company expects to increase its dividend by 2.8% per year indefinitely. If investors require a return of 9.45%, what is the expected price of the stock twenty-five years from now? (2 points)

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