Working with the information provided in the previous question, now assume the dividend is expected to grow at a constant rate of $14\mathrm{.}0\%$ rather than $5\mathrm{.}0\%.$ Now determine the stock's current price.

In this situation, the price is equal to the current dividend of $$2\mathrm{.}00.$

$$60\mathrm{.}00$

The constant growth model cannot be used because the growth rate is greater than the required rate of return.

$$0\mathrm{.}00$