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  3. = tresnan brothers is expected to pay a $2.20 per

= Tresnan Brothers is expected to pay a $2.20 per share dividend at the end...

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Accounting

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= Tresnan Brothers is expected to pay a $2.20 per share dividend at the end of the year (i.e., D1 $2.20). The dividend is expected to grow at a constant rate of 10% a year. The required rate of return on the stock, rs, is 12%. What is the stock's current value per share? Round your answer to the nearest cent. $

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