Question: Problem 6-26 Finding the Dividend Vignette, Inc. is expected to pay equal dividends at the end of each of the next two years. Thereafter, the

Problem 6-26 Finding the Dividend Vignette, Inc. is expected to pay equal dividends at the end of each of the next two years. Thereafter, the dividend will grow at a constant annual rate of 5.3 percent forever. The current stock price is $58 What is next year's dividend payment if the required rate of return is 13 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) Dividend payment

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