Assume Beta Corp. is expected to pay a total cash dividend of $5.60

next year and its dividends are expected to grow at a rate of 6% per year forever. Assuming annual dividend payments, what is the current market value of a share of Beta Corp. stock if the required return on Beta Corp. common stock is 15%?

next year and its dividends are expected to grow at a rate of 6% per year forever. Assuming annual dividend payments, what is the current market value of a share of Beta Corp. stock if the required return on Beta Corp. common stock is 15%?