Question: Question 27 2 points Save A Suppose the current dividends on a stock are $2.9 per share and dividends are expected to increase by 2%

 Question 27 2 points Save A Suppose the current dividends on

Question 27 2 points Save A Suppose the current dividends on a stock are $2.9 per share and dividends are expected to increase by 2% per year forover the required rate of return is 5%, what is the value of the sock?round your answer to 2 decimal places) Click Submit to Quen 27 of 27

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