22. Compute the price Ufa company‘s stock that just paid a dividend ef$3.25 (that is, Du = 3 .25}, assuming that the growth rate in dividends is expected to be 6.5% per year forever and that the required rate of return on this stock is 15.5%.

22. Compute the price Ufa company‘s stock that just paid a dividend ef$3.25 (that is, Du = 3 .25}, assuming that the growth rate in dividends is expected to be 6.5% per year forever and that the required rate of
return on this stock is 15.5%.

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