Discover the answers you need at Westonci.ca, where experts provide clear and concise information on various topics. Explore a wealth of knowledge from professionals across various disciplines on our comprehensive Q&A platform. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

You are considering buying a stock that will pay a dividend of $3.33 in one year. The dividend is expected to grow by 3.32% every year, forever. How much will you be willing to pay for the stock today if your required return is 7.94%?