Question: ( The Dividend Discount Models ) Northrop Grumman will pay an annual dividend of $ 6 . 0 0 next year. If you expect Northrop's

(The Dividend Discount Models) Northrop Grumman will pay an annual dividend of $6.00 next year. If you expect Northrop's dividends to grow by 5.00% per year, what is the price per share if its equity cost of capital is 8.00%(EAR)?(0.55 points)
 (The Dividend Discount Models) Northrop Grumman will pay an annual dividend

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