Question: Problem 10-28 Common stock value (LO10-5) BioScience Inc. will pay a common stock dividend of $3.90 at the end of the year (01). The required

Problem 10-28 Common stock value (LO10-5) BioScience Inc. will pay a common stock dividend of $3.90 at the end of the year (01). The required return on common stock (x) is 22 percent. The firm has a constant growth rate (g) of 10 percent. Compute the current price of the stock (ps). (Do not round intermediate calculations, Round your answer to 2 decimal places.) Current price

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