Al-Quds bank stock dividend has grown at 0.04 percent per year for as long as anyone can remember. Investors believe that a year from now the company will pay a dividend of $2 and that dividends will...

Al-Quds bank stock dividend has grown at 0.04 percent per year for as long as anyone can remember. Investors believe that a year from now the company will pay a dividend of $2 and that dividends will continue their 0.04 percent growth indefinitely. If the market’s required return on the bank stock is 0.16 percent, what is the price of the stock