Answer Happy

Question 29 points Ajax Inc. just issued a dividend of $2.08. Investor analysis suggests that the company's dividend wit grow based on te doncal average over the cast 6 years you ref 7.2% per year, what price are you willing to pay for this stock assuming it follows the constant growth dividend model? Please use the historical dividende below to the con 2013 $2.20 2014 $2.29 2015: $2.38 2016 $2 47 2017 $2.57 2018 12.08 O $68.83 $47.80 O $33.19 $57.36 O $39.83