Question: QUESTION 16 5 points Save Answer If your stock pays a dividend Do = $1.76 at t = 0.and will experience a constant growth of

 QUESTION 16 5 points Save Answer If your stock pays a

QUESTION 16 5 points Save Answer If your stock pays a dividend Do = $1.76 at t = 0.and will experience a constant growth of 5.4 percent forever into the future, what should be the price of the stock if the required return for such stocks is 10.5 percent? Answer to the nearest cent, xxx.xx and enter without the dollar sign

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