Question: Troy is interested in buying a particular stock whose current dividend per share is $1.55. Troy estimates that the current dividend per share will increase

Troy is interested in buying a particular stock whose current dividend

Troy is interested in buying a particular stock whose current dividend per share is $1.55. Troy estimates that the current dividend per share will increase at a rate of 2.45% per year orever f Troy's estimates are correct, what is he best estimate o ne stock price per sn are f he re u red ale on eums 15.00% Place your answer in dollars and cents. Do not place a dollar sign or comma in your

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