Question: Question 4 Suppose the current dividends on a stock are $2.5 per share and dividends are expected to increase by 2% per year, forever. If

Question 4 Suppose the current dividends on a stock are $2.5 per share and dividends are expected to increase by 2% per year, forever. If the required rate of return is 9%, what is the value of the stock? (round your answer to 2 decimal places) 1291 @
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