Dividend and stock?

Question

Ques 1 .Pharsalus Inc. just paid a dividend of $4.50 per share. This dividend is expected to grow at a rate of 4.1 percent per year forever. The appropriate discount rate for Pharsalus's stock is 14.6 percent. What is the price of the stock?

Answer 1

use the dividend discount model.

"just paid" means that you have D-zero.  the rest is easy if you've taken pre-algebra.