If you require a 17 percent return on the stock what is the, Financial Management

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If you require a 17 percent return on the stock what is the

The dividend for Should I, Inc., is currently $1.15 per share. It is expected to grow at 20 percent next year and then decline linearly to a 5 percent perpetual rate in four years. If you require a 17 percent return on the stock, what is the most you would pay per share? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.)

Price per share $ _________

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Financial Management: If you require a 17 percent return on the stock what is the

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Financial Management: If you require a 17 percent return on the stock what is the

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