Fill in the missing words to correctly complete each sentence about analyzing a job posting. When reviewing a job posting, it’s important to check theto determine whether it’s worth your time to apply. If the post has been up for a while or it’s already closed, move on to the next position. If it’s still available, take note of when it closes so you’ll know when you mayfrom the company in regard to an interview.

Storico co. just paid a dividend of $3.15 per share. the company will increase its dividend by 20 percent next year and then reduce its dividend growth rate by 5 percentage points per year until it reaches the industry average of 5 percent dividend growth, after which the company will keep a constant growth rate forever. if the required return on the company’s stock is 12 percent, what will a share of stock sell for today?