[Solved] The Nearside Co. just paid a dividend of $1.65 per share on its stock. The dividends are expected to grow

The Nearside Co. just paid a dividend of $1.65 per share on its stock. The dividends are expected to grow at a constant rate of 5 percent per year, indefinitely. Investors require a return of 12 percent on the stock. a. What is the current price