Question 3 1 pts A stock just paid $1.9 dividend yesterday. The dividend is expected to grow at 1.8% per year thereafter

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Question 3 1 Pts A Stock Just Paid 1 9 Dividend Yesterday The Dividend Is Expected To Grow At 1 8 Per Year Thereafter 1 (61.29 KiB) Viewed 16 times

Question 3 1 pts A stock just paid $1.9 dividend yesterday. The dividend is expected to grow at 1.8% per year thereafter. If the required rate of return of the stock is 8%, then using the dividend discount model, the stock price should be ------ (Round your answer to two decimal places, such as 12.34). Drevious Meyt