Stock Valuation—No Growth in Dividends. Susan O’Reilly invests in a stock of company X which expects no growth in dividends. The company paid a $2.75 dividend per share. If Susan requires a rate of...

Stock Valuation—No Growth in Dividends. Susan O’Reilly invests in a stock of company X which expects no growth in dividends. The company paid a $2.75 dividend per share. If Susan requires a rate of return of 10 percent, what would be the value of the stock?